IFSC Code, MICR Codes for UNION BANK OF INDIA in HIMACHAL PRADESH - SHIMLA - SIMLA - SIMLA

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


IFSC Code

UBIN0530956

MICR Code

171026002

Branch

SIMLA

Contact

0

Address

BELL VILLA THE MALL SIMLADIST. SHIMLA HIMACHAL PRADESHPIN - 171 001.

City

SIMLA

District

SHIMLA

State

HIMACHAL PRADESH





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

UBIN0530956

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.