IFSC Code, MICR Codes for UNION BANK OF INDIA in PUNJAB - FATEH GARH SAHIB - LUDHIANA - FATEH GARH SAHIB

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


IFSC Code

UBIN0560405

MICR Code

NA

Branch

FATEH GARH SAHIB

Contact

0

Address

GEE PEE COMPLEX BASSI ROAD

City

LUDHIANA

District

FATEH GARH SAHIB

State

PUNJAB





What is IFSC Code of UNION BANK OF INDIA situated at FATEH GARH SAHIB- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at FATEH GARH SAHIB - RTGS-HO is

UBIN0560405

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.