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Union Bank of India - LAKKAD PITHA RATLAM

Details about the IFSC1 UBIN0562050:

Bank: Union Bank of India
Bank Branch: LAKKAD PITHA RATLAM (IN-MP)
Country: India
District/State: INDORE / MADHYA PRADESH
City: RATLAM
IFSC:1 UBIN0562050




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.