From April 1, 2021, the cheque books and passbooks of a number of checking account holders will likely be invalid as a number of banks went by means of a merger.
These banks are these whose mergers with different banks took impact from April 1, 2019, and April 1, 2020, and their names embrace Dena Bank, Vijaya Bank, Corporation Bank, Andhra Bank, Oriental Bank of Commerce, United Bank and Allahabad Bank.
After the merger, for apparent causes cheque books and passbooks of just one entity could be legitimate.
Dena and Vijaya Bank have been merged with Bank of Baroda with impact from April 1, 2019. Oriental Bank of Commerce and United Bank of India have been merged with Punjab National Bank (PNB).
Syndicate Bank merged with Canara Bank, Andhra Bank and Corporation Bank merged with Union Bank of India, and Allahabad Bank merged with Indian Bank.
If a buyer has an account in any of those 7 banks, then shortly verify for a brand new cheque book and IFSC code.Â
Andhra Bank and Corporation Bank account holders can now know their new IFSC codes on-line on the official web site of the banks. For this, a buyer can have to go to the official web site www.unionbankofindia.co.in . After this, you’ve to click on on amalgamation heart right here. After this, it is possible for you to to know the up to date IFSC code. You can name the financial institution’s buyer care quantity 1800-208-2244 or 1800-425-1515 or 1800-425-3555. Or you will get info by means of SMS. For this, you’ve to ship the message to 9223008486 by typing IFSC <OLD IFSC>.
The new guidelines will likely be relevant from April 1 and due to the merger, the account quantity, IFSC code, MICR code, department handle may also be modified.Â
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