IFSC Code, MICR Codes for UNION BANK OF INDIA in TAMIL NADU - KANCHEEPURAM - SRIPERUMBUDUR - ORAGADEM

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


IFSC Code

UBIN0547531

MICR Code

600026046

Branch

ORAGADEM

Contact

27172241

Address

NO 2 BHUVANESHWARI NAGARORAGADAM

City

SRIPERUMBUDUR

District

KANCHEEPURAM

State

TAMIL NADU





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

UBIN0547531

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.