Unity Small Finance Bank Limited Feroze Gandhi Market IFSC Code
Unity Small Finance Bank Limited
IFSC · Used for NEFT, IMPS & RTGS
MICR · This branch may not process cheques.
Branch
Feroze Gandhi Market
Address
Ground Floor And Basement, Sco 14,green Park Avenue, Canal Colony, Near Feroze Gandhi Market, Ludhiana- 141001
View on Google MapsDistrict
Ludhiana
State
Punjab
🔍 Search for another branch
Top Financial Tools for Unity Small Finance Bank Limited Customers
Free calculators — no login required
Unity Small Finance Bank Limited Home Loan EMI Calculator
Calculate EMI, total interest & amortisation schedule
Unity Small Finance Bank Limited SIP Calculator
Project wealth from monthly mutual fund investments
Unity Small Finance Bank Limited FD Calculator
Estimate fixed deposit maturity with quarterly compounding
Unity Small Finance Bank Limited Car Loan EMI Calculator
Find your monthly instalment & total loan cost
Other Unity Small Finance Bank Limited Branches in Ludhiana
1 nearby branch — click to view IFSC
Frequently Asked Questions
About Unity Small Finance Bank Limited Feroze Gandhi Market (avenue Canal Colony Near Fer - 0623), Ludhiana
The IFSC code UNBA0000623 (lowercase: unba0000623) belongs to Unity Small Finance Bank Limited, specifically the Feroze Gandhi Market (avenue Canal Colony Near Fer - 0623) branch located in Ludhiana, Punjab.
The 5th character in the IFSC code UNBA0000623 is a zero (0), not the letter 'O'. The correct format is UNBA0000623 (lowercase: unba0000623), and not UNBAO000623. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Unity Small Finance Bank Limited Feroze Gandhi Market (avenue Canal Colony Near Fer - 0623) in Ludhiana, Punjab is UNBA0000623. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Unity Small Finance Bank Limited Feroze Gandhi Market (avenue Canal Colony Near Fer - 0623) is located at Ground Floor And Basement, Sco 14,green Park Avenue, Canal Colony, Near Feroze Gandhi Market, Ludhiana- 141001, Ludhiana, Punjab. You can click the "View on Google Maps" button on this page to get directions.
The MICR code for Unity Small Finance Bank Limited Feroze Gandhi Market (avenue Canal Colony Near Fer - 0623) in Ludhiana is printed at the bottom of your cheque leaf. If you cannot locate it, contact your branch directly or check your passbook.
Yes. IFSC code UNBA0000623 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.
You can verify IFSC code UNBA0000623 by checking: (1) The top-left corner of any Unity Small Finance Bank Limited Feroze Gandhi Market (avenue Canal Colony Near Fer - 0623) cheque leaf, (2) The first page of your Unity Small Finance Bank Limited passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.
Understanding IFSC Code: UNBA0000623
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
UNBA0000623
What Each Part Means
- Bank Code — UNBA
- The first 4 characters uniquely identify Unity Small Finance Bank Limited at the national level. Every branch of Unity Small Finance Bank Limited across all states shares this same prefix. It is assigned by the RBI and never changes.
- Reserved — 0
- The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
- Branch Code — 000623
- The final 6 characters 000623 uniquely identify this specific branch within the Unity Small Finance Bank Limited network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | UNBA | Identifies Unity Small Finance Bank Limited |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | 000623 | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
Unity Small Finance Bank Limited
Feroze Gandhi Market (avenue Canal Colony Near Fer - 0623), Ludhiana, Punjab
Cheque No.
00000623
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | UNBA0000623 | Not available |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque book issuance and clearing house processing |
Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.