IFSC Code, MICR Codes for UNION BANK OF INDIA in TAMIL NADU - SALEM - VALAPADI - VAZHAPADI

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


IFSC Code

UBIN0533432

MICR Code

636026006

Branch

VAZHAPADI

Contact

222235

Address

SALEM CUDDALORE MAIN ROADPOST VALAPADY DIST. SALEM TAMIL NADUPIN - 636 115.

City

VALAPADI

District

SALEM

State

TAMIL NADU





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

UBIN0533432

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.