IFSC Code, MICR Codes for UNION BANK OF INDIA in MADHYA PRADESH - BALAGHAT - BALAGHAT - BALAGHAT BRANCH

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


IFSC Code

UBIN0559440

MICR Code

NA

Branch

BALAGHAT BRANCH

Contact

241124

Address

GUJRI CHOWK MAIN ROAD DISTRICT BALAGHAT MADHYA PRADESH

City

BALAGHAT

District

BALAGHAT

State

MADHYA PRADESH





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

UBIN0559440

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.