IFSC Code, MICR Codes for UNION BANK OF INDIA in MADHYA PRADESH - GUNA - PENCHI - PENCHI

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


IFSC Code

UBIN0543233

MICR Code

NA

Branch

PENCHI

Contact

242602

Address

SADAR BAZAR PENCHIDIST. GUNA MADHYA PRADESHPIN - 473 118.

City

PENCHI

District

GUNA

State

MADHYA PRADESH





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

UBIN0543233

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.