IFSC Code, MICR Codes for UNION BANK OF INDIA in TAMIL NADU - CHENNAI - CHENNAI - UNION LOAN POINT VELACHERY CHENNAI

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


IFSC Code

UBIN0563277

MICR Code

600026056

Branch

UNION LOAN POINT VELACHERY CHENNAI

Contact

0

Address

FIRST FLOOR24/6-100FT MAIN RDTHARMANI CHENNAI PIN CODE : 400042

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

UBIN0563277

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.