IFSC Code, MICR Codes for UNION BANK OF INDIA in KARNATAKA - BANGALORE - BANGALORE - UNION LOAN PT MALLESHWARAM

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


IFSC Code

UBIN0563285

MICR Code

NA

Branch

UNION LOAN PT MALLESHWARAM

Contact

0

Address

116 11TH X SAMPIGE MARGOSA MALLESHWARAM 560003

City

BANGALORE

District

BANGALORE

State

KARNATAKA





What is IFSC Code of UNION BANK OF INDIA situated at UNION LOAN PT MALLESHWARAM- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at UNION LOAN PT MALLESHWARAM - RTGS-HO is

UBIN0563285

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.