IFSC Code, MICR Codes for UNION BANK OF INDIA in PUNJAB - LUDHIANA - LUDHIANA - DUGRI ROAD

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


IFSC Code

UBIN0550809

MICR Code

141026007

Branch

DUGRI ROAD

Contact

2502374

Address

UNION BANK OF INDIA DUGRI ROAD - LUDHIANA DUGRI ROAD WALIA COMPLEX 41/1 ATAM NAGAR LUDHIANA PUNJAB - 141 003.

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of UNION BANK OF INDIA situated at DUGRI ROAD- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at DUGRI ROAD - RTGS-HO is

UBIN0550809

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.