IFSC Code, MICR Codes for CITY UNION BANK LIMITED in TAMIL NADU - RAMANATHAPURAM - PARAMAKUDI - PARAMAKUDI

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


IFSC Code

CIUB0000164

MICR Code

580054002

Branch

PARAMAKUDI

Contact

229955

Address

GROUND FLOOR 4 BY 324 GANDHIJI ROAD

City

PARAMAKUDI

District

RAMANATHAPURAM

State

TAMIL NADU





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

CIUB0000164

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.