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Abhaykhand Ii

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Abu Nagar

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AchalPur Chaudhuri

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Alambagh

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Aligarh Muslim University

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AliNagar GorakhPur

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Allahabad

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AnandaNagar Pharenda

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Angoori Bagh

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Anjan Shaheed

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Anupshahr

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Araul

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Armi

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Assoda

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Atkohna

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Atwa Asigaon

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Auraiya

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Azad Chowk

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Babaganj

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BaijalPur

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Bairia

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Bajautha

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Balaganj

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BalbhaddarPur

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Ballan

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Ballia

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BalPur Bajar

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BalramPur

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Balua

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Baluganj

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Banda

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Bangla Bazar

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Bangra

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Banjari Kalan

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BankajalalPur

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Bankata Bazar

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Bankeyganj

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Bansdih

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Banspar Bahorawa

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Banthara

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BaraBanki

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Baragaon

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BarahPur

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Barat Bojh

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Baraundha

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Baraut

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Bareilly

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Bargadahi

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Bargadwa Saif

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Bargarh

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Barhaj

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Barhni Chafa

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Barkachha

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Barra

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Barwar

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BasantPur Sainthly

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Basti

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Bastiya

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Baudihar

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Baundi

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BeershahPur

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Begum Bridge

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Behjam

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Behra

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Belare Shukle

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Belatal

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Belha

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Belon

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Belroyan

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Beniganj

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BeniPur

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Betabar

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Bewar

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Bhadohi

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Bhagwatiganj

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Bhairo Bakauli

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Bhangel

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Bharthana

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Bharuhana

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Bharwa SumerPur

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Bharwari

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Bhasana

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Bhathat

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Bhatwalia

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BhikariPur

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Bhinga

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Bhira Kheri

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BhopatPur

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Bihasara Bazar

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Bihta Pakuri

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BijaiPur

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Bijnor

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Bijnore

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Bijua

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BikaPur

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BilasPur

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Bindki

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Birauli

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BirPura

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Bisanda

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BishunPur Beriya

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BishunPur Tantanwa

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Block Rehra Bazar

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BubkaPur Maraucha

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Budhana

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Buduan

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Bugrasi

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Bulandshahr

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BurhanPur

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BurnaPur

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Burogaon

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Buttsganj

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Chaka

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ChakarpanPur

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Chakaskaran

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Chakia

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Chakiya

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Chaknandaveer

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ChamaruPur

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Chamrauli

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ChandaPur

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Chandauli

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Chanddipghat

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ChandPur

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Chandwak

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Chapki

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Charkhari

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Chatra

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Chausarh

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Chhani Khurd

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Chhaprauli

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Chhawni Bazaar

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Chhedui Patia

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Chheolaha

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Chhota Bharwara

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Chhota Bijgawan

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ChhutmalPur

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Chilh

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Chilla

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Chinhut

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Chiraiyakote

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Chirriya SalemPur

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CholaPur

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Chopan

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ChoubeyPur

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Chowk

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Chowk Bazar

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Chowkia

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Chunar

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Churk

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Civil Lines

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Civil Lines Bahraich

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Collectorate

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Colonelganj

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Dada Nagar

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Daffi

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Dakore

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Daliganj

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Damgarha

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DandooPur

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DandPurwa

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Daulatabad

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Daurala

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Dayalbagh

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Debai

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DebiyaPur

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Debtaha

District

Delhi Gate

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Deokali

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Deoria

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Derwa

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Deva

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Devgaon

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Devkathiya JangiPur Varanasi

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Dhakerwa

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DhamPur

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DhaneyPur

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Dhanuhi

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Dharamsala Bzr

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Dhaurahra

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Dhaurhraghat

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Digiha Chittaura

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DildarNagar Bazar

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DiwakarNagar

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Dixit Bagh

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Dremandganj

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Dubariya

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Duddhi

District

Duhwa Mishr

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Dulere Chauhan

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DulhaPur

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Dumariadeeh

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Duraval Khurd

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Emilia SultanPur

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Engohata

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Etah

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Etawah

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Faithfulganj

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FakherPur

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Fardhan

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Farrukhabad

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FatehPur

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FatePur

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Fazal Nagar Grant

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Firozabad

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Gadiya

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Gahdon Malihabad

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Gaindas Bujurg

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Gainsari

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GajadharPur

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Gajaikol

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GajPur Grant

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Gajraula

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GandhiNagar

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Gaura

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Gaurhari

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Gauri

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Gauriganj

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Gautam Buddha Nagar

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Gautam Budh Nagar

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Geeta Vatika

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General Ganj Mathura

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Ghanta Ghar

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Ghantaghar

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GhatamPur

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Ghaziabad

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GhaziPur

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Gilaula

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GoddoPur

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Godowlia

District

Gohan

District

Gohand

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Goitthaha

District

Gokhle Marg

District

Gokul Singh Purwe

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Gola Bazaar

District

Gola Gokarannath

District

Golpark

District

Gomti Nagar

District

Gonda

District

GopalPura Jageer

District

Gopiganj

District

Gorabazaar

District

GorakhPur

District

GorakhPur City

District

GorakhPur Gnn Public School

District

GorakhPur University

District

Goraur

District

Govind Ganj

District

Govind Nagar

District

GovindPur

District

Greater Noida

District

Greater Noida Sector One

District

Gujaini

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Gulaothi

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Gulla Parsuna

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Gunnaur

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Gwalior Grunt

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GyaniPur

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GyanPur

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Hadrukh

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Haidergarh Town

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Haldharmau

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HamirPur

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Handia

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HansPuram

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HaPur

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Hardoi

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Hargaon

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Hargarh

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Hariharganj

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HariharPur Rani

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Hariya Sat Gharwa

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Harthala

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Hata

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Hathras

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Hazratganj

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HujurPur

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Hussainganj

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Iglas

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Ikauna

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Imaliya

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Imamganj SheoPur

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Inayat Chief Grant

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Inayat Nagar

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InayatPur

District

Indira Nagar

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Indra Chowk

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IndraNagar

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Ingraham Institute

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IsaNagar

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Itaunja

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Itiyathoke

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Itora AkbarPur

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Izzat Nagar

District

JagdishPur

District

Jahanaganj

District

Jahangirabad

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Jaihind Lawn

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JaitaPur

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Jalaun

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JamalPur

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Jamthara

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Jamui

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Jamunaha

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JankiNagar

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JankiPuram

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Jaria

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Jarwal

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JasPura

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Jasra

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Jasrana

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JaunPur

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Jeewna

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Jewar

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Jhansi

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Jhilahi

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Jhunsi

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JianPur

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Jonihan

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Juggaur

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Jungle Dumari No Two

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Kabrai

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Kachhwa Bazar

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Kachnar

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Kachnarwa

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Kadaura

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KadiPur

District

Kailhat Bazar

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Kaili

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Kaiserbagh

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Kaiserganj

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Kajha

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Kakadeo

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Kakaraha

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Kakori

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Kakrahi

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Kalaaam

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Kalal Kheriya

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Kalchchna

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Kalinjar

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Kalpi

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Kalpi Kums

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KalyanPur

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Kamachha Varanasi

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KamalPur

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Kamasin

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Kamla Nagar

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Kamolia

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Kandhla

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Kandrawan

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KanPur

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KanPur Nagar

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Kareli

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Karhal

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Karnawal

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Kartal

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Karula

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Karwi

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Kasganj Up

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Kasia

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Kasraila

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Kasta

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Kasturba Market

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Katghar Chauraha

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Katra

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Katra Bazaar

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Katra Shrawasti

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Katuwanala

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Kaushambi

District

Kazi Tola

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Kerakat

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Keratu

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KeshavNagar

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Khair Nagar

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Khaira

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Khairabad

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KhairPur

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Khajni

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Khajura, Sonbhadra

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KhalilPur Clutterbuckganj

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Khaliyari

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Khamaria

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Khamaria Pandit

District

Khamhaul

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Khanna

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Kharara

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Kharduari

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Kharela

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KharguPur

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Kharuwan

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Khatauli

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KhemPur

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Kheri

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Kheri Town

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Kherwahiya

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Khurhand

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Khurja

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KishandasPur

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KishunPur

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Kisni

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Kithawa

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Kithore

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Kohargaddi

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Kohrar

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Koilasawa Buzurg

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Kolana

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Konch

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Kone

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Korari Kalan

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Kota Dala

District

Kotwa

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Koyla Nagar KanPur

District

Kuchhechha

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Kudana

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Kulpahar

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Kumbhi

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Kumhrawan

District

Kunda

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Kurali

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Kurara

District

Kurkawali

District

Kurra

District

Kushi Nagar

District

Kuthond

District

Kutubgang

District

Lachhapatti

District

LadPur

District

LaharPur

District

Lahurabeer

District

Lajpat Nagar

District

LakhanPur

District

LakhimPur

District

LakhimPur Kheri

District

Lalganj

District

Lalgopalganj

District

Laloni Khera

District

Lambhua

District

Laukhawa

District

Laxman Nagar More

District

LaxmanPur Bazar

District

Lohandi Kalan

District

Lohrauli

District

Lohta

District

Loknath

District

Lucknow

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Lukerganj

District

Machhlishahar

District

Madhauli

District

Madhoganj

District

MadhuPur

District

Magal Ganj

District

Maharajganj

District

Maharajganj Tariya

District

Mahengi

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Maheshwari Khurd

District

Mahewa

District

Mahewaganj

District

Mahewaghat

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Mahmoorganj

District

Mahmudabad

District

Mahoba

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Mahond

District

Mahotra

District

Mahua

District

Mahugarh

District

Mahwa

District

MaijaPur

District

Mailani

District

MainPuri

District

MakanPur Mahoi

District

Makrand Nagar

District

Malda GaneshPur

District

MalhiPur

District

Malihabad

District

Mallawan

District

Mamari

District

Mamna

District

Manas Nagar

District

Manduadih

District

ManikPur

District

Maniram Bas

District

ManjhanPur

District

MankaPur

District

Manpara

District

Marha

District

Mariahu

District

Marihan

District

Mariyahu

District

Markundi

District

Maskanawa

District

MasudPura

District

Mataundh

District

Matera

District

Mathura

District

Mati AkbarPur

District

Matiyamau

District

Mau

District

Maudaha

District

MauraniPur

District

Mawai Khurd

District

Mawana

District

Meerut

District

Mehdawal

District

MehnajPur

District

Mehru Murtiha

District

Mgkvp University

District

MihinPurwa

District

MilkiPur

District

MiranPur Katra

District

MirzaPur

District

MirzPur

District

Mishrikh

District

Misrauli

District

Mitauli

District

ModiNagar

District

MohaddiPur

District

MohamadPurdina

District

Mohammadi

District

MohammadPur

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MohammadPur Kalan

District

Mohan

District

Mohanganj

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Mohanlalganj

District

Moradabad

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Moti Katra

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MotiPur

District

Mudan Buzurg

District

Mughalsarai

District

Mughlaha

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MultanPur

District

Mundera

District

Munshiganj

District

Murad Nagar

District

MuradNagar

District

Muskara

District

MuzaffarNagar

District

Nadigaon

District

Nagla Shekhu

District

Nai Bazar

District

Najibabad

District

Nakha

District

NandGram Ghaziabad

District

Nanpara

District

Naraini

District

NarainPur

District

Narwari

District

Naugarh

District

Nautanwa

District

Navyug Market

District

Nawabganj

District

Nawali

District

Nayagaon

District

NazirPura

District

Neer Sursa

District

Nighasan

District

Nisrikhoum Neemsar

District

NiyamatPur

District

NizamPur

District

Nizanand Ashram

District

Noida

District

Noida Extension Sector One

District

Noida Phase Two

District

Noida Sixty Six

District

Numasih Chauraha

District

Ojha Ki Patti

District

Oomari

District

Orai

District

Oran

District

Pachdeora Kalan

District

Pachperwa

District

Padauli

District

Padrauna

District

Pahadi Bhaitari

District

Pahari

District

Pahasu

District

Paho

District

Paina

District

Pakadia Naugawan

District

Pakri Bazaar

District

Palaula

District

Palia

District

Palia Kalan

District

Paliya

District

Paltan Deeh

District

Panchli Khurd

District

Panderi

District

PandeyPur

District

Panki

District

Panwari

District

Para

District

Parade KanPur

District

Paramount Spectrum

District

ParasPur

District

Parsauna

District

Parsendi

District

Parsiya Tiwari

District

Parwana MahmoodPur

District

Pasaka

District

Pasgawan

District

Patara

District

Pathraur

District

Patti Purwa

District

Pautakalan

District

Pawarikalan

District

Peela Mahua

District

Phaphamau

District

Pheel Khana

District

Phool Behar

District

Pilakhua

District

Pilibhit

District

Pipiganj

District

Pipraich

District

Pisawan

District

Pokhra Kalan

District

Pratap Vihar

District

Pratapgarh

District

Prayagraj

District

Prem Nagar

District

Pukhrayan

District

Puraina

District

Purna

District

RabuPura

District

Rae Bareli

District

Raebareli

District

Ragarganj

District

Rahimabad

District

Rahra Bazaar

District

RaidoPur Chowk Azamgarh

District

RaiPur Munjaptha

District

RaiPurwa

District

Raja Ka TajPur

District

RajaPur

District

Rajendra Nagar

District

Rajgarh

District

RajNagar

District

Rajni Khand; Sharda Nagar

District

RajPur Chungi

District

Raksa

District

Ralamau

District

Ramgarh

District

Ramgarh Naudih

District

Ramiabehar

District

Ramkot

District

RamNagar

District

RamNagar Khajuri

District

RamPur

District

RamPur Dhobia

District

RamPura

District

Ramraj

District

Rani Bazar

District

Rania

District

Raniganj Kaithula

District

RaniPur

District

RasoolPur FaridPur

District

Rastogi Talab

District

RasulPur Dholri

District

Rath

District

RathorPur

District

Raura

District

RavindraPuri BheluPur

District

Rengai

District

Renukoot

District

Rewsa

District

Risia

District

Rithani

District

Robertsganj

District

Rooma HathiPur

District

Rudauli

District

RudraPur Salim

District

Runakta

District

Rura

District

Sadashiv

District

SadullaNagar

District

SadulliPur

District

SahadatNagar

District

SaharanPur

District

Sahjanwa

District

SahkariNagar

District

SaidanPur

District

SaidPur

District

Saifai

District

SalarPur

District

SalemPur

District

Salon

District

Sambhal

District

SamPurnaNagar

District

Sandana

District

SangiPur

District

Sant Kabir Nagar

District

Sardhana

District

Sardhua

District

SarfuddinPur

District

Sarila

District

SarurPur

District

Saspan

District

Satrahi

District

Satya Premi Nagar

District

Sbba Inter College

District

Sema

District

Semgarha

District

Serawan

District

Shahabad

District

Shahganj

District

ShahjahanPur

District

ShahPur Dhanwa

District

ShahPur Nanemau

District

ShahzadPur AkbarPur

District

ShaktiNagar

District

Shamli

District

Shamshabad

District

Sharda Nagar

District

SheoPura

District

Sherwan

District

Shikohabad

District

Shitalganj

District

Shivala Mahant

District

Shivedwar

District

Shivli

District

ShivPur

District

ShriNagar

District

ShyamNagar

District

Siddharth Nagar

District

Sidhauli

District

Sikanderabad

District

SikanderPur Kakodi

District

Sikandra Bodla

District

Silthan

District

Sindhora

District

Singahi Bhedaura

District

Sipah Ibrahimabad

District

Sirathu

District

Sirsakalar

District

Sirsia

District

Sisaiya Kalan

District

SitaPur

District

Sitkava

District

Sohrauna

District

Sokhna

District

Sonbhadra

District

Sonsari

District

SriNagar

District

Suhag Nagar

District

Sujauli

District

SultaniPur

District

SultanPur

District

Sunderwal

District

Sunehra

District

Supachuwa

District

Surha

District

Sushant Golf City

District

SwaroopNagar

District

TahsiltulsiPur

District

Talbehat

District

Tambaur

District

Tanda

District

Tappal

District

Tarabganj

District

Tarauhna

District

Tarwa

District

TawakkalPur Nagra

District

Tejgarhi

District

Telibagh

District

Tendua

District

Tendura Atarra

District

Terwa MankaPur

District

Thana Babri

District

Thangaon

District

Thanwara

District

Tharwai

District

Thathia

District

Thatra

District

Thekma

District

Tikonia

District

TilakNagar

District

Tilhar

District

Tilka

District

Tindwara

District

Tindwari

District

Tirwa Khas

District

Titarwara

District

TulsiPur

District

Tundla

District

Turkadiha

District

Ujariawan

District

Umari

District

Umari Begumganj

District

Unchahar

District

Unnao

District

Upeda

District

Utraula

District

Vaini

District

Vaishali

District

Varanasi

District

Varnasi

District

Vasundhara

District

VijayNagar

District

Vikas Bhawan

District

Vikas Nagar

District

Viraj Khand Gomti Nagar

District

Visheshwarganj

District

Vivek Nagar HamirPur

District

Vrindawan

District

Wazirganj

District

Welleseley Ganj

District

YusufPur

District

YusufPur Chak Saberi

What are Indian Bank IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the Indian Bank IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an Indian Bank IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform Indian Bank Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a Indian Bank Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 Years: Estimates returns over a 15-year period.
  • PPF Calculator 30 Years: Projects returns over a 30-year period.

Conclusion

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.