IFSC Code, MICR Codes for UNION BANK OF INDIA in TAMIL NADU - NILGIRIS - GUDALUR - GUDALUR

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


IFSC Code

UBIN0534854

MICR Code

643026202

Branch

GUDALUR

Contact

261286

Address

10/77-A MYSORE ROADPOST GUDALUR BAZAR DIST. NILGIRIS TAMIL NADU PIN - 643 212.

City

GUDALUR

District

NILGIRIS

State

TAMIL NADU





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

UBIN0534854

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.