IFSC Code, MICR Codes for UNION BANK OF INDIA in KERALA - KOLLAM - KOLLAM - KOTTARAKKARA

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


IFSC Code

UBIN0552801

MICR Code

691026102

Branch

KOTTARAKKARA

Contact

0

Address

VIMALAMBIKA COMPLEXQUILON STAI ROAD PULAMON P.O.DIST. KOLLAM KOTTARAKKARA -691 531 KER

City

KOLLAM

District

KOLLAM

State

KERALA





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

UBIN0552801

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.