UNION BANK OF INDIAVerified Feb 2026

UNION BANK OF INDIA IFSC Code – SHANKER NAGAR - RAIPUR, RAIPUR

Complete bank details including IFSC code, MICR code, address and payment facilities for SHANKER NAGAR - RAIPUR branch.

IFSC Code
UBIN0554090

Bank Details

Bank NameUNION BANK OF INDIA
Branch NameSHANKER NAGAR - RAIPUR
IFSC CodeUBIN0554090
MICR Code492026007
AddressPLOT NO. 8/13, FIRST FLOOR, SHAHID VEERNARAYANWARD, NEAR NARROW GAUGE RAILWAY LINE,SHANKER NAGAR, MAIN ROAD, RAIPUR-492 007
CityRAIPUR
StateCHANDIGARH
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code UBIN0554090

The IFSC code UBIN0554090 uniquely identifies the SHANKER NAGAR - RAIPUR branch of UNION BANK OF INDIA located in RAIPUR, CHANDIGARH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code UBIN0554090

  • First 4 characters (UBIN) – Represents UNION BANK OF INDIA bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (554090) – Unique branch identifier for SHANKER NAGAR - RAIPUR

How to Use IFSC Code UBIN0554090

To transfer money to any account at UNION BANK OF INDIA SHANKER NAGAR - RAIPUR branch, you will need to provide the IFSC code UBIN0554090 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at SHANKER NAGAR - RAIPUR

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About UNION BANK OF INDIA SHANKER NAGAR - RAIPUR Branch

UNION BANK OF INDIA SHANKER NAGAR - RAIPUR is a branch of UNION BANK OF INDIA located in RAIPUR, CHANDIGARH. The branch provides comprehensive banking services to customers in RAIPUR and surrounding areas.

Branch Address

PLOT NO. 8/13, FIRST FLOOR, SHAHID VEERNARAYANWARD, NEAR NARROW GAUGE RAILWAY LINE,SHANKER NAGAR, MAIN ROAD, RAIPUR-492 007, RAIPUR, CHANDIGARH

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 492026007. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of UNION BANK OF INDIA SHANKER NAGAR - RAIPUR?

The IFSC code of UNION BANK OF INDIA SHANKER NAGAR - RAIPUR branch in RAIPUR is UBIN0554090.

What is the MICR code of UNION BANK OF INDIA SHANKER NAGAR - RAIPUR?

The MICR code of UNION BANK OF INDIA SHANKER NAGAR - RAIPUR branch is 492026007.

What is the address of UNION BANK OF INDIA SHANKER NAGAR - RAIPUR?

UNION BANK OF INDIA SHANKER NAGAR - RAIPUR branch is located at PLOT NO. 8/13, FIRST FLOOR, SHAHID VEERNARAYANWARD, NEAR NARROW GAUGE RAILWAY LINE,SHANKER NAGAR, MAIN ROAD, RAIPUR-492 007.

Does UNION BANK OF INDIA SHANKER NAGAR - RAIPUR support NEFT/RTGS/IMPS?

UNION BANK OF INDIA SHANKER NAGAR - RAIPUR branch supports NEFT, RTGS, IMPS, and UPI transactions.