IFSC Code, MICR Codes for UNION BANK OF INDIA in TAMIL NADU - VELLORE - RANIPET - RANIPET INDUSTRIAL ESTATE

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


IFSC Code

UBIN0542563

MICR Code

606026102

Branch

RANIPET INDUSTRIAL ESTATE

Contact

0

Address

5/A-1 MADRAS BOMBAY TRUNK ROADSIPCOT INDUSTRIAL COMPLEX RANIPETDIST.N.A.AMBEDKAR TAMIL NADUPIN-632403

City

RANIPET

District

VELLORE

State

TAMIL NADU





What is IFSC Code of UNION BANK OF INDIA situated at RANIPET INDUSTRIAL ESTATE- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at RANIPET INDUSTRIAL ESTATE - RTGS-HO is

UBIN0542563

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.