IFSC Code, MICR Codes for UNION BANK OF INDIA in DAMAN AND DIU - DAMAN - SILVASA - SILVASA

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


IFSC Code

UBIN0555711

MICR Code

396026111

Branch

SILVASA

Contact

2630202

Address

PLAZA HOTEL COMPLEX OPP.PATEL PETROL PUMPVAPI-SILVASA MAIN ROAD SILVASADADRA & NAGAR HAVELI (U.T.) - 396 230

City

SILVASA

District

DAMAN

State

DAMAN AND DIU





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

UBIN0555711

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.