Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 505011301 belongs to Union Bank of India, Godavarikhani branch in Peddapalli, Telangana. The matching IFSC code is UBIN0801577.
How to read MICR 505011301
505: the city code. It usually follows the first digits of the area's PIN code; here it is Peddapalli.
011: the bank code, the same for every branch of Union Bank of India in cheque clearing.
301: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (UBIN0801577 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 505011301 belong to?
Union Bank of India, Godavarikhani branch (Peddapalli, Telangana).
What is the IFSC code for MICR 505011301?
UBIN0801577.
What do the digits of 505011301 mean?
505 is the city code, 011 the bank code and 301 the branch code.
