Select Branch for Union Bank Of India in Kolkata, West Bengal

Choose a branch to view IFSC code and details

Branch
├╜kolkata Burtolla

UBIN0904198

CORPORATION BANK T28 ANAND MARKET SA FAROOQUIE RD. PO BURTOLLA KOLKATA 700018

Branch
├╜kolkata New Alipore

UBIN0906492

CORPORATION BANK H4 LAKHMANI MANSION, BM SARANI, NEW ALIPORE, KOLKATA 700053

Branch
├╜kolkata Salt Lake City

UBIN0905941

CORPORATION BANK GR.FLOOR, CF 335 SECTOR I SALT LAKE CITY KOLKATA 700 064

Branch
Andul Road

UBIN0557013

JYOTISH ARCADE 716 DANESH SEIKH LANE HOWRAHWEST BENGAL700109

Branch
Arb Kolkata

UBIN0554731

38,STRAND ROAD,BINANI BUILDINGKOLKATA, WEST BENGAL,

Branch
Ashokgarh - Kolkata

UBIN0550035

ASHOK PLAZA, 145, ASHOKGARH, BARAUIPARA,KOLKATA, WEST BENGAL,PIN - 700 035.

Branch
Bagh Bazar - Kolkata

UBIN0534919

72/1/1, BAGH BAZAR STREET,KOLKATA, WEST BENGAL,PIN - 700 003.

Branch
Bagnan

UBIN0559105

O T ROAD, KHADINAN, O T ROAD, KHADINAN

Branch
Baguiati

UBIN0554600

SAGARDEEP APARTMENT, GROUND FLOOR,RAGHUNATHPUR, VIP ROAD, DIST. 24PARAGANAS NORTH, KOLKATA-700 059, W.B.

Branch
Bakhrahat

UBIN0537331

AT KHASTIKA, POST BAKHRAHAT,DIST. 24 PARGHANAS (SOUTH), PIN - 743319

Branch
Ballyganj - Kolkata

UBIN0530123

26/6, HINDUSTAN PARK,GARIAHAT ROAD, KOLKATA,WEST BENGAL, PIN - 700 029.

Branch
Ballygunge Park

UBIN0812153

1ST FLOOR48/1AGARIAHAT ROAD,KOLKATA,WEST BEN

Branch
Ballygunj Kolkata

UBIN0800627

NO.87,RASH BEHARI AVBALLYGUNJ,CALCUTTA,WEST BENGAL

Branch
BarackPur

UBIN0554707

63,BARASAT ROAD NONACHANDANPUKUR,BARACKPUR, PIN - 700120

Branch
BaruiPur

UBIN0568830

PRAMILA HOUSE 1ST FLR BARUIPUR KULKI ROAD KOLKATA WEST BENGAL PINCODE 700144

Branch
Behala

UBIN0559610

SWARNALATA 69 BY 1 BY 3 DIAMOND HARBOUR ROAD BEHALA

Branch
Belgachia Branch

UBIN0577481

68 KHUDIRAM BOSE SARANI WBUAFS CAMPUS 700037

Branch
BhavaniPur

UBIN0560774

2 3 JUSTICE DWARAKA NATH ROAD KOLKATA WEST BENGAL 700020

Branch
Bidhan Nagar

UBIN0560766

HA-304, SECTOR-III, ,SALT LAKE CITY, PINCODE - 700097

Branch
BidhanNagar

UBIN0818071

CD-28,SECTOR - 1SALTLAKE

Branch
Burra Bazar

UBIN0807311

23/1 POSTAMAHARISHI DEVENDER ROAD,BURRA

Branch
Burra Bazar - Kolkata

UBIN0541699

51-A-B, SIR HARIRAM GOENKA STREET,KOLKATA, WEST BENGAL,PIN - 700 007.

Branch
Canning Street - Kolkata

UBIN0543691

6-D, GROUND FLOOR, R.N.MUKHERJEE ROAD,KOLKATA, WEST BENGAL,PIN - 700 001.

Branch
Chowringhee

UBIN0807702

58,CHOWRINGHEE ROAD,CALCUTTA,WEST BENGAL

Branch
Chowringhee Road(camac Street)

UBIN0540161

1/1, CAMAC STREET, GROUND FLOOR,KOLKATA, WEST BENGAL,PIN - 700 016.

Branch
Currency Chest Kolkata

UBIN0909815

HINDUSTAN BUILDING, 4 C R AVENUE, KOLKATA 700072

Branch
Dhaniakhali

UBIN0554278

AT & POST DHANIAKHALI, NEAR CINEMATOLLA,DIST. HOOGHLY, WEST BENGAL,PIN - 712 302.

Branch
Dharamtolla - Kolkata

UBIN0530131

5, CHOWRINGHEE PLACE, POST BOX NO.8924,KOLKATA, WEST BENGAL,PIN - 700 013.

Branch
Dumdum

UBIN0561959

160 1 JESSORE ROAD KOLKATA 700074

Branch
Fgmo-kolkata

UBIN0564940

ALEPEE COURT,1ST FLOOR.225-A, ACHARYA J.C. BOSE ROAD,KOLKATTA, PIN - 700 020.

Branch
Garia

UBIN0814644

43 RAJA S.C MULLICK ROAD GANGULI BAGANKOLKATA

Branch
Garia

UBIN0555959

AASHIYANA', I/23, BAISHNABGHATA PATULI-TOWNSHIP, DIST. GARIA,KOLKATA, PIN - 700 094

Branch
Gariahat Kolkata

UBIN0903493

YASHODA BHAVAN, 1ST FLOOR,167 P.RASHBIHARI AVENUE,KOLKATA 700019

Branch
Habra

UBIN0568333

HABRA BRANCH,JESSORE ROAD,HABRA KOLKATA WEST BENGAL PINCODE-743268

Branch
IcchaPur

UBIN0575488

1ST FLR MAA DURGA MIST ANNA BHANDAR 24 PARGAN KOLKATA WEST BENGAL PIN 743133

Branch
India Exchange Place - Kolkata

UBIN0530166

15, INDIA EXCHANGE PLACE, KOLKATA,WEST BENGAL, PIN - 700 001.

Branch
JadavPur Branch

UBIN0575674

31 ARYA VIDYALA ROAD P S GAFRA HALTU KOLKATA WB PIN 700078

Branch
JodhPur Park

UBIN0811866

1/392 GARIAHAT ROAD ( SOUTH)KOLKATA

Branch
Jorasanko

UBIN0536105

UNION BANK OF INDIA, JORASANKO - KOLKATA, 232, CHITTARANJAN AVENUE, MOTI SADAN,, JORASANKO, KOLKATA, WEST BENGAL,, PIN - 700 006.

Branch
Jugberia

UBIN0914843

VILLAGE PO.JUGBERIA,BUS STOPBOARGARH,NEAR LOKNATH ASHRAM,DIST24 PARGANAS N,WEST BENGAL700110

Branch
Kankurgachi

UBIN0560758

1 1 RAJA RAJENDRA LAL MITRA ROAD KOLKATA WEST BENGAL

Branch
Karaya Road Calcutta

UBIN0802875

4/2 KARAYA ROAD,1ST FLOORKOLKATA

Branch
Kasba

UBIN0816736

1ST FLOOR,325,RAJDANGA MAIN ROADADJACENT TO ARAMBAGH HATCHERIES,KOLKATA

Branch
Kidderpore - Kolkata

UBIN0536326

24-D, EKBALPUR LANE,KOLKATA, WEST BENGAL,PIN - 700 023.

Branch
Kidderpore Calcutta

UBIN0808156

117-A,KARL MARX SARANI,KIDDERPORE,CALCUTTA

Branch
Kolkata

UBIN0800708

14/B,EZRA STREET,INDIA EXCHANGE PLACE,EXTN.PB NO.2786,CALCUTTA,WEST

Branch
Kolkata Caps

UBIN0985121

KANKARIA COURT, 4TH FLOOR, NO.7 KYD STREET, KOLKATA 700016

Branch
Kolkata Dharamtolla

UBIN0901521

WACHEL MOLLA MANSION, 8 LENIN SARANI,DHARAMTOLLA ST.KOLKATA 700013

Branch
Kolkata Large Corporate Br

UBIN0911275

1ST FLOOR, J112, BLOCK EPGP,SECTOR V,SALT LAKE CITY,KOLKATA700091.

Branch
Kolkata - Ifb

UBIN0550345

1/1, CAMAC STREET, 1ST FLOOR,KOLKATA, WEST BENGAL,PIN - 700 016.

Branch
Kolkata - Overseas

UBIN0549568

1ST & 2ND FLOOR, 9-INDIA EXCHANGE PLACE,KOLKATA, WEST BENGAL,PIN - 700 001.

Branch
Kolkata - Service Branch

UBIN0547611

3RD FLOOR, UNION BANK BUILDINGCHOWRANGEE PLACE DHARMTOLLA

Branch
Kolkata Armb

UBIN0914371

C 0 DHARAMTALA BRANCH WACHEL MOLLA MANSION NO 8 LENIN SARANI DHARAMTALLA STREET

Branch
Kolkata Baguihati Cpb

UBIN0906611

56GDGKLK59

Branch
Kolkata BhowaniPur

UBIN0907294

UNIT 6 GROUND FL,111 IDEAL PLAZA,SARAT BOSE RD,KOLKATA 700020

Branch
Kolkata Bollygunge

UBIN0906671

CORPORATION BANK SYED AMIR ALI AVENUE 45 ZHOWTALA ROAD BOLLYGUNGE, KOLKATA 700019

Branch
Kolkata Branch

UBIN0914479

3,MIDDLETON ROW,KOLKATA 700071

Branch
Kolkata C.r.avenue

UBIN0906689

JEEVAN PRAKASH BLDG,16 C.R.AVENUE,KOLKATA 700072

Branch
Kolkata JadhavPur

UBIN0905950

CORPORATION BANK 463A GROUND FLOOR CENTRAL ROAD, JADHAVPUR KOLKATA 700032

Branch
Kolkata Maniktala

UBIN0906093

CORPORATION BANK CHAMRIA HOUSE,29A2 RAM KRISHNA SAMADHI ROAD KANKURGACHI,MANIKTALA KOLKATA700054

Branch
Kolkata Nujs

UBIN0906638

CORPORATION BANK NUJS CAMPUS, 12 L B BLOCK SECTOR 111, SALT LAKE CITY KOLKATA 700098 DIST.NORTH 24 PARGANAS

Branch
Kolkata Salt Lake Sector V

UBIN0910457

1ST FLOOR,J112,BLOCK EPGP,SECTOR V,SALT LAKE CITY,KOLKATA

Branch
Kolkata Sealdah

UBIN0929191

B BY 155,KESHAB SEN STREET,KOLKATA 700009 WEST BENGAL

Branch
Kolkataservice Branch

UBIN0999121

4 C R AVENUE ANNEXXE 2 HINDUSTAN BUILDING KOLKATA

Branch
Kolkatta

UBIN0530174

138/2,BIDHAN SARANI,PB.NO.16603, KOLKATTA-700004.WB.

Branch
Kolkatta-cms

UBIN0557633

ALEPE COURT IST FLOOR 225C A.J.C. BOSE ROAD KOLKATA WEST BENGAL 700020

Branch
Lake Town - Kolkata

UBIN0539074

P-720, LAKE TOWN, BLOCK A,KOLKATA, WEST BENGAL,PIN - 700 089.

Branch
Madurdaha

UBIN0563803

DEESHARI ESTATE PREMIU BLOCK 1166 MADURDAHA PIN CODE 700107

Branch
Mahatma Gandhi Road - Kolkata

UBIN0539708

134/4, M.G. ROAD,KOLKATA, WEST BENGAL,PIN - 700 007.

Branch
Maniktolla - Kolkata

UBIN0541664

77-C, RAJARAM MOHANRAI SARANI,KOLKATA, WEST BENGAL,PIN - 700 009.

Branch
Mid Corporate Branch

UBIN0568848

2B LEE ROAD KOLKATA KOLKATA WEST BENGAL PINCODE 700020

Branch
Mookherjee Housekolkata

UBIN0900524

MOOKHERJEE HOUSE,17 BRABOURNE ROAD, KOLKATA 700 001

Branch
Munshibazar Calcutta

UBIN0802883

10/2,BILIAGHATA ROADMUNSHI BAZAR,CALCUTTA WEST BENGAL

Branch
Naihati

UBIN0567809

RABI KIRAN APT.,95 JAN MD. GHAT RD. KOLKATA WEST BENGAL PINCODE - 743165

Branch
New Alipore - Kolkata

UBIN0535320

P-539, NEW ALIPORE, BLOCK-N, 1ST FLOOR,KOLKATA, WEST BENGAL,PIN - 700 053.

Branch
New Townrajarhat GopalPur

UBIN0576751

MR RD NEW TOWN BISWA BANGLA SARANI BOX BRG KOLKATA WEST BENGAL PIN 700102

Branch
Nimta Bazar Branch

UBIN0825051

NORTH DUMDUM NIMTA BAZAR BRANCH42/43,M B ROAD NIMTA KOLKATA

Branch
R.n. Mukherjee Road - Kolkata

UBIN0553204

1, R.N.MUKHERJEE ROAD, DALHOUSIE SQUARE,GPO, KOLKATA - 700 001,

Branch
R.o.kolkatta

UBIN0552585

CHITRAKOOT BLDG,3-FLOR 230A,AJC BOSE RD KOLKATA WEST BENGAL PIN-700020

Branch
Rafi Ahmed Kidwai Road(north) - Kolkata

UBIN0545465

25B/1, RAFI AHMED KIDWAI ROAD,KOLKATA, WEST BENGAL,PIN - 700 016.

Branch
RajPur SonarPur

UBIN0567795

47, N S ROAD WARD 25 PO RAJPUR BAZAR KOLKATA WEST BENGAL PINCODE - 700149

Branch
Retail Asset Branch Kolkata

UBIN0556203

RETAIL ASSET BRANCH9 INDIA EXCHANGE PLACE (1ST FLOOR)

Branch
Ro Greater Kolkata

UBIN0578436

3 MIDDLETON PARK STREET KOLKATA PIN CODE 700071

Branch
SantoshPur Survey Park

UBIN0555452

B-178, SURVEY PARK, SANTOSHPUR,KOLKATA - 700 075, WEST BENGAL.

Branch
Sarat Bose Road - Kolkata

UBIN0552453

57, RASH BEHARI AVENUE,DESHPRIYA PARK LAKE MARKET,KOLKATA - 700 026, WEST BENGAL.

Branch
Sarm Kolkata

UBIN0831328

ANDHRA BANK,SARM KOLKATA14/1 B EZRA STREET,KOLKATA

Branch
Sealdah - Kolkata

UBIN0539601

127/1/A, BIPIN BEHARI GANGULY STREET,KOLKATA, WEST BENGAL,PIN - 700 012.

Branch
Sitakundu

UBIN0915084

1ST FLOOR,MADARAT ROAD,SITAKUNDU,P.SBARUIPUR,DIST 24 PARGANAS S 743387

Branch
South Dumdum

UBIN0822167

251,JESSORE ROAD,KAJIPARANAGERBAZAR,DUMDUM,KOLKATA

Branch
South Dumdum

UBIN0929204

18 BY 1,MANUJENDRA DUTTA ROAD,DUM DUM CANT.DIST.24 PARGS N KOLKATA 700028 WEST BENGAL

Branch
South Sinthee

UBIN0564362

66A, KALI CHARAN GHOSH ROAD,SOUTH SINTHEE KOLKATA PIN CODE 700050

Branch
Staff Training Centre Kolkata

UBIN0577197

CALCUTTA BUSINESS SCHOOL BISNUPUR 743503

Branch
Strand Road - Kolkata

UBIN0530182

38, STRAND ROAD, BINANI BUILDING,P.B. NO 550, KOLKATA, WEST BENGAL,PIN - 700 001.

Branch
Sundari Mohan Avenue - Kolkata

UBIN0530140

33/1, DR. SUNDARI MOHAN AVENUE,KOLKATA, WEST BENGAL,PIN - 700 014.

Branch
Taltolla - Kolkata

UBIN0545431

4, PURAN CHAND NAHAR AVENUE,GROUND FLOOR, TALTOLLA, KOLKATA,WEST BENGAL, PIN - 700 013.

Branch
Thakurpukur Branch

UBIN0577294

11 BAKHRAHAT ROAD THAKURPUKUR BAZAR PIN 700063

Branch
Tollygunge Karunamoyee

UBIN0555444

1ST FLOOR, MERLIN GROVE,211, RAJA RAMMOHAN ROY ROAD,KOLKATA, WEST BENGAL - 700 008

Branch
Topsia Road (south) - Kolkata

UBIN0545856

86, TOPSIA ROAD,KOLKATA, WEST BENGAL,PIN - 700 039.

Branch
Uluberia

UBIN0559091

BISWANATH TOWER, MAJHERATI, PO. JADUBERIA

Branch
Vivekananda College For Women

UBIN0815209

131,DIAMOND HARBOUR ROADBARISHA,KOLKATA

What are Union Bank Of India 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 Union Bank Of India 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 Union Bank Of India 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 Union Bank Of India 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 Union Bank Of India 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.