IFSC Code, MICR Codes for UNION BANK OF INDIA in BIHAR - PATNA - PATNA - MACHHUATOLI PATNA

UNION BANK OF INDIA RTGS HO Branch in PATNA - Address, IFSC, MICR Code


IFSC Code

UBIN0542458

MICR Code

800026003

Branch

MACHHUATOLI PATNA

Contact

0

Address

ARYA KUMAR ROAD MACHHUATOLIPATNA BIHAR PIN - 800 004.

City

PATNA

District

PATNA

State

BIHAR





What is IFSC Code of UNION BANK OF INDIA situated at MACHHUATOLI PATNA- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at MACHHUATOLI PATNA - RTGS-HO is

UBIN0542458

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.