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

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


IFSC Code

UBIN0552721

MICR Code

600026026

Branch

BESANT NAGAR

Contact

0

Address

58 A. V. CHURCH ROADBESANT NAGAR CHENNAI - 600 090TAMIL NADU.

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

UBIN0552721

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.