IFSC Code, MICR Codes for UNION BANK OF INDIA in TAMIL NADU - ERODE - VEERAPPAN CHATRAM - VEERAPPANPALAYAM

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


IFSC Code

UBIN0557889

MICR Code

638026006

Branch

VEERAPPANPALAYAM

Contact

0

Address

102 PERUNDURAI MAIN ROAD VEERAPPANPALAYAM PIRIVU ERODE ERO TAMILNADU PIN 638012

City

VEERAPPAN CHATRAM

District

ERODE

State

TAMIL NADU





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

UBIN0557889

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.