IFSC Code, MICR Codes for UNION BANK OF INDIA in TAMIL NADU - CHENNAI - CHENNAI - ASHOKNAGAR CHENNAI

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


IFSC Code

UBIN0540927

MICR Code

600026010

Branch

ASHOKNAGAR CHENNAI

Contact

0

Address

PLOT NO. 1209 I AVENUENEAR POLICE TRAINING COLLEGEMADRAS TAMIL NADU PIN - 600 083.

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

UBIN0540927

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.