IFSC Code, MICR Codes for UNION BANK OF INDIA in PUNJAB - LUDHIANA - LUDHIANA - FOCAL POINT LUDHIANA

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


IFSC Code

UBIN0560413

MICR Code

141026014

Branch

FOCAL POINT LUDHIANA

Contact

0

Address

SCF 2&3 URBAN ESTATE PHASE II FOCAL POINT

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





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

UBIN0560413

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.