IFSC Code, MICR Codes for UNION BANK OF INDIA in GUJARAT - ANAND - VALLABH VIDYANAGAR - VALLABH VIDYANAGAR

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


IFSC Code

UBIN0531235

MICR Code

388026002

Branch

VALLABH VIDYANAGAR

Contact

0

Address

RAJENDRA MARG K/103 DASS CHAMBERSPOST BOX NO. 17 VALLABH VIDYANAGARDIST. KAIRA GUJARAT PIN - 388 120.

City

VALLABH VIDYANAGAR

District

ANAND

State

GUJARAT





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

UBIN0531235

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.