IFSC Code, MICR Codes for UNION BANK OF INDIA in KERALA - KANNUR - PAYYANNUR - PAYYANNUR

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


IFSC Code

UBIN0557129

MICR Code

670026152

Branch

PAYYANNUR

Contact

201070

Address

1ST FLOOR BLDG. NO. XXI 2713 B APPUS TOWER NEW BUS STAND PAYYANNUR DIST. KANNUR KERALA 670307

City

PAYYANNUR

District

KANNUR

State

KERALA





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

UBIN0557129

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.