Sunday, April 11, 2021

New IFSC codes from next month 1

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Prime Time Zone Webdesk: Note to Bank Clients. If we want to send money to anyone online .. IFSC code must be entered. Now these IFSC codes are about to change. IFSC codes are changing with the merger of banks. As part of this, the IFSC codes of Andhra Bank and Corporation Bank will be changed from next month. With the merger of Andhra Bank and Corporation Bank into Union Bank by the Central Government, the merger process is underway.

With this, Union Bank will implement the new IFSC codes for Andhra Bank and Corporation Banks from the 1st of next month. Andhra Bank is changing the IFSC codes starting with UBIN 08 while Corporation Bank is changing the IFSC codes starting with 09.

The existing Andhra Bank and Corporation Bank check books will not be operational after the 1st of next month. They will be replaced by Union Bank check books with the new IFSC code and MICR number.

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