IFSC Code, MICR Codes for UNION BANK OF INDIA in TAMIL NADU - COIMBOTORE - VALPARAI - VALPARAI

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


IFSC Code

UBIN0533475

MICR Code

641026021

Branch

VALPARAI

Contact

222239

Address

BHARATI COFFEE BHAVAN 28 MAIN ROAD VALPARAI DIST. COIMBATORE TAMIL NADU PIN - 642 127.

City

VALPARAI

District

COIMBOTORE

State

TAMIL NADU





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

UBIN0533475

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.