IFSC Code, MICR Codes for UNION BANK OF INDIA in KERALA - KOTTAYAM - VAIKOM - VAIKOM

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


IFSC Code

UBIN0555371

MICR Code

686026602

Branch

VAIKOM

Contact

224035

Address

KANIAMPARAMPIL ARCADEVALIYA KAVALA BUS STAND ROAD DIST.KOTTAYAM VAIKOM - 686 141 KERALA.

City

VAIKOM

District

KOTTAYAM

State

KERALA





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

UBIN0555371

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.