IFSC Code, MICR Codes for UNION BANK OF INDIA in MADHYA PRADESH - INDORE - INDORE - RAB INDORE

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


IFSC Code

UBIN0556211

MICR Code

452026018

Branch

RAB INDORE

Contact

2561888

Address

RETAIL ASSET BRANCH1KDC COLLEGE COMPOUND2/2 OLD PALASIAINDOREPIN-452004MADHYAN PRADESH.

City

INDORE

District

INDORE

State

MADHYA PRADESH





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

UBIN0556211

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.