IFSC Code, MICR Codes for UNION BANK OF INDIA in MADHYA PRADESH - ASHOKNAGAR - PIPRAI - PIPRAI

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


IFSC Code

UBIN0542555

MICR Code

NA

Branch

PIPRAI

Contact

247230

Address

AT PIPRAI TEHSIL MUNGAWALIDIST. ASHOK NAGAR MADHYA PRADESHPIN - 473 440.

City

PIPRAI

District

ASHOKNAGAR

State

MADHYA PRADESH





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

UBIN0542555

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.