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

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


IFSC Code

UBIN0558702

MICR Code

NA

Branch

RASALPURA MHOW

Contact

7324

Address

VILL HARNIYA KHEDI POST RASALPURA TEH MHOW DIST INDORE 453446

City

RASALPURA

District

INDORE

State

MADHYA PRADESH





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

UBIN0558702

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.