IFSC Code, MICR Codes for UNION BANK OF INDIA in TAMIL NADU - MADURAI - MADURAI - RAB MADURAI

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


IFSC Code

UBIN0556378

MICR Code

625026009

Branch

RAB MADURAI

Contact

2348329

Address

1ST FLOOR ROSARY CHURCH BUILDING TOWN HALL ROAD MADURAI TAMILNADU-625002

City

MADURAI

District

MADURAI

State

TAMIL NADU





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

UBIN0556378

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.