IFSC Code, MICR Codes for UNION BANK OF INDIA in MADHYA PRADESH - DEWAS - LOHARDA - LOHARDA

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


IFSC Code

UBIN0541311

MICR Code

NA

Branch

LOHARDA

Contact

262439

Address

NEW BUS STAND NEMAWAR ROAD LOHARDA KANNOD DIST. KHATEGAONMADHYA PRADESH PIN - 455 463.

City

LOHARDA

District

DEWAS

State

MADHYA PRADESH





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

UBIN0541311

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.