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

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


IFSC Code

UBIN0560634

MICR Code

622026004

Branch

KARAIYUR

Contact

0

Address

60 A MANAPARAI ROAD KARAIYURI

City

MADURAI

District

PUDUKOTTAI

State

TAMIL NADU





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

UBIN0560634

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.