What is the IFSC code for MICR 492026010?

The IFSC code for Union Bank of India Lily Chowk branch (MICR: 492026010) is UBIN0561941. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (492) represent the city/clearing centre, the next 3 digits (026) identify the bank, and the last 3 digits (010) identify the specific branch. For 492026010, the city code is 492, bank code is 026, and branch code is 010.

Union Bank of India Lily Chowk (UBI)

Q: Which bank does MICR code 492026010 belong to?

MICR code 492026010 belongs to Union Bank of India, Lily Chowk branch, located at House no 427 428 Lily Chowk Purani Basti Ward no 49 Raipur 492001, Raipur, Chhattisgarh. The corresponding IFSC code is UBIN0561941.

Lily Chowk · Raipur, Chhattisgarh

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492026010

492026010 is the MICR code for the Lily Chowk branch of Union Bank of India, located in Raipur, Chhattisgarh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code UBIN0561941.

Bank

Union Bank of India

Branch & Address

Lily Chowk

House no 427 428 Lily Chowk Purani Basti Ward no 49 Raipur 492001

Raipur, Raipur, Chhattisgarh

Codes for this Branch

MICR (cheques)

492026010

IFSC (online transfers)

UBIN0561941

View

MICR Code Structure

492

City

026

Bank

010

Branch

City code 492 identifies the RBI clearing centre, bank code 026 identifies Union Bank of India, and branch code 010 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other Union Bank of India (UBI) branches near Raipur

Baloda Bazar Raipur, Chhattisgarh UBIN0914100 Bhanpuri Urla Raipur, Chhattisgarh UBIN0591785 Bhatapara Raipur, Chhattisgarh UBIN0917290 Caps Branch Raipur Raipur, Chhattisgarh UBIN0586528 Chandanidinh Raipur, Chhattisgarh UBIN0543306 Currency Chest Samata Colony Raipur, Chhattisgarh UBIN0584479

Other banks in Raipur, Chhattisgarh

AU Small Finance Bank 4 branches Axis Bank 31 branches Bandhan Bank 5 branches Bank of Baroda 63 branches Bank of India 17 branches Bank of Maharashtra 12 branches Canara Bank 31 branches Central Bank of India 21 branches

About MICR Codes

What is a MICR code used for?

MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.

MICR vs IFSC — when do I use which?

Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (UBIN0561941) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.

Where is the MICR code on a cheque?

The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 492026010 is in the middle, and your account number is on the right.

View full branch details for IFSC UBIN0561941