IFSC Code, MICR Codes for UNION BANK OF INDIA in DELHI - NEW DELHI - DELHI - NEW DELHI SSI OKHLA

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


IFSC Code

UBIN0550221

MICR Code

110026047

Branch

NEW DELHI SSI OKHLA

Contact

0

Address

B-231 OKHLA INDUSTRIAL AREA PHASE IOKHLA NEW DELHIPIN - 110 020.

City

DELHI

District

NEW DELHI

State

DELHI





What is IFSC Code of UNION BANK OF INDIA situated at NEW DELHI SSI OKHLA- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at NEW DELHI SSI OKHLA - RTGS-HO is

UBIN0550221

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.