IFSC Code, MICR Codes for UNION BANK OF INDIA in CHANDIGARH - RAIPUR - RAIPUR - SHANKER NAGAR RAIPUR

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


IFSC Code

UBIN0554090

MICR Code

492026007

Branch

SHANKER NAGAR RAIPUR

Contact

0

Address

PLOT NO. 8/13 FIRST FLOOR SHAHID VEERNARAYANWARD NEAR NARROW GAUGE RAILWAY LINESHANKER NAGAR MAIN ROAD RAIPUR-492 007

City

RAIPUR

District

RAIPUR

State

CHANDIGARH





What is IFSC Code of UNION BANK OF INDIA situated at SHANKER NAGAR RAIPUR- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at SHANKER NAGAR RAIPUR - RTGS-HO is

UBIN0554090

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.