IFSC Code, MICR Codes for UNION BANK OF INDIA in BIHAR - PURNEA - PURNEA - PURNEA

UNION BANK OF INDIA RTGS HO Branch in PURNEA - Address, IFSC, MICR Code


IFSC Code

UBIN0557731

MICR Code

NA

Branch

PURNEA

Contact

0

Address

NEAR FORD COMPANY RD NH 31 PURENA BIHAR 854301

City

PURNEA

District

PURNEA

State

BIHAR





What is IFSC Code of UNION BANK OF INDIA situated at PURNEA- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at PURNEA - RTGS-HO is

UBIN0557731

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.