IFSC Code, MICR Codes for UNION BANK OF INDIA in GUJARAT - KHEDA - MATAR - KHANDHALI

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


IFSC Code

UBIN0538825

MICR Code

387026509

Branch

KHANDHALI

Contact

87639

Address

NEAR LIBRARY POST OFFICE KHANDHALI TALUKA MATAR DIST. KHEDA GUJARAT PIN 387 510.

City

MATAR

District

KHEDA

State

GUJARAT





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

UBIN0538825

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.