IFSC Code, MICR Codes for UNION BANK OF INDIA in CHANDIGARH - BHILAI - BHILAI - RISALI

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


IFSC Code

UBIN0566985

MICR Code

490026003

Branch

RISALI

Contact

0

Address

PLOT A 1 STREET NO 2 KRISHNA TALKIES ROAD BHILAI CHHATTISGARH490006

City

BHILAI

District

BHILAI

State

CHANDIGARH





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

UBIN0566985

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.