IFSC Code, MICR Codes for UNION BANK OF INDIA in PUNJAB - SULTANPUR LODHI - LUDHIANA - SULTANPUR LODHI

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


IFSC Code

UBIN0560715

MICR Code

144026612

Branch

SULTANPUR LODHI

Contact

0

Address

GILL MKT GURUDWARA BE SAHIB ROAD SULTANPUR LODHI DIST

City

LUDHIANA

District

SULTANPUR LODHI

State

PUNJAB





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

UBIN0560715

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.