IFSC Code, MICR Codes for UNION BANK OF INDIA in PUNJAB - SRI MUKTSAR SAHIB - MUKATSAR - MALOUT

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


IFSC Code

UBIN0570915

MICR Code

152026202

Branch

MALOUT

Contact

0

Address

WARD NO 19 GURU NANAK NAGAR MALOUT MUKATSAR PUNJAB PINCODE 152107

City

MUKATSAR

District

SRI MUKTSAR SAHIB

State

PUNJAB





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

UBIN0570915

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.