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

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


IFSC Code

CIUB0CMS001

MICR Code

WAITING

Branch

CSD

Contact

28297905

Address

COMPUTER SYSTEMS DEPT 706 II FLOORANNA SALAITHOUSAND LIGHTSCHENNAI-600006

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

CIUB0CMS001

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.