IFSC Code, MICR Codes for UNION BANK OF INDIA in GOA - SOUTH GOA - MARGAO - MARGAO

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


IFSC Code

UBIN0532509

MICR Code

403026011

Branch

MARGAO

Contact

2705448

Address

UNION BANK OF INDIA MARGAO (GOA) SALGAONKAR BUILDING RUA LUIS DE MIRANDA MARGAO SALCETE DIST. SOUTH GOA PIN - 403 601.

City

MARGAO

District

SOUTH GOA

State

GOA





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

UBIN0532509

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.