IFSC Code, MICR Codes for CITY UNION BANK LIMITED in TAMIL NADU - CHENNAI - CHENNAI - VALASARAWALKAM

CITY UNION BANK LIMITED RTGS HO Branch in CHENNAI - Address, IFSC, MICR Code


IFSC Code

CIUB0000218

MICR Code

452054002

Branch

VALASARAWALKAM

Contact

24869500

Address

NO 1THANDAVAMOORTHY NAGARVALASARAWALKAMCHENNAI600087

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





What is IFSC Code of CITY UNION BANK LIMITED situated at VALASARAWALKAM- RTGS-HO?
IFSC Code of CITY UNION BANK LIMITED situated at VALASARAWALKAM - RTGS-HO is

CIUB0000218

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.