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

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


IFSC Code

UBIN0574686

MICR Code

NA

Branch

SCHEMENO INDORE

Contact

9160753608

Address

UBI SCHM 78 PLOT 1140 WARD 37 OPP SCHM 78 INDORE MADHYA PRADESH PINCODE 452010

City

INDORE

District

INDORE

State

MADHYA PRADESH





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

UBIN0574686

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.