IFSC Code, MICR Codes for UNION BANK OF INDIA in UTTAR PRADESH - VARANASI - CHANDAULI - KAMALPUR

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


IFSC Code

UBIN0559059

MICR Code

505026542

Branch

KAMALPUR

Contact

9918301430

Address

AT PO KAMALPUR DIST CHANDAULI

City

CHANDAULI

District

VARANASI

State

UTTAR PRADESH





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

UBIN0559059

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.