IFSC Code, MICR Codes for UNION BANK OF INDIA in HARYANA - CHANDIGARH - PANCHKULA - PANCHKULA SECTOR 20

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


IFSC Code

UBIN0562891

MICR Code

160026018

Branch

PANCHKULA SECTOR 20

Contact

0

Address

PANCHKULA SECTOR-20 CHANDIGARH HAR

City

PANCHKULA

District

CHANDIGARH

State

HARYANA





What is IFSC Code of UNION BANK OF INDIA situated at PANCHKULA SECTOR 20- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at PANCHKULA SECTOR 20 - RTGS-HO is

UBIN0562891

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.