Latest details of Ifsc: Ubin0557871
UNION BANK OF INDIA
Branch name : PRASHANT VIHAR
Contact Information
Address: MTNL BLDG DOOR SANCHAR BHAVAN D BLOCK PRASHANT VIHAR SEC 14 ROHINI DELHI PIN 110085
Contact number: 11
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
