What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Union Bank Of India Palayampatti Virudhunagar Branch IFSC/MICR Code Details
Bank Name UNION BANK OF INDIA
Address MAIN ROAD PALAYAMPATTI NEAR ARUPPUKOTTAI DIST. VIRUDHU NAGAR TAMIL NADU PIN 626112
State TAMIL NADU
District VIRUDHUNAGAR
Branch PALAYAMPATTI
IFSC Code UBIN0534315
Branch Code 534315 (Last six characters of IFSC code represent Branch code.)
MICR Code 626026203
Contact Phone 221213
via https://bankingzone.in/ifsc

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