IFSC Code, MICR Codes for UNION BANK OF INDIA in PUNJAB - JALANDHAR - JALANDHAR - UNION LOAN POINT JALANDHAR

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


IFSC Code

UBIN0558966

MICR Code

144026009

Branch

UNION LOAN POINT JALANDHAR

Contact

0

Address

FIRST FLOOR12-PARAM MARKETCIVIL LINESOPP CIRCUIT HOUSE

City

JALANDHAR

District

JALANDHAR

State

PUNJAB





What is IFSC Code of UNION BANK OF INDIA situated at UNION LOAN POINT JALANDHAR- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at UNION LOAN POINT JALANDHAR - RTGS-HO is

UBIN0558966

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.