IFSC Code, MICR Codes for UNION BANK OF INDIA in MADHYA PRADESH - JABALPUR - JABALPUR - VIJAY NAGAR

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


IFSC Code

UBIN0558681

MICR Code

482026010

Branch

VIJAY NAGAR

Contact

2440633

Address

VIJAY NAGAR JABALPUR

City

JABALPUR

District

JABALPUR

State

MADHYA PRADESH





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

UBIN0558681

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.