IFSC Code, MICR Codes for UNION BANK OF INDIA in GUJARAT - PORBANDER - PORBANDAR - PORBANDAR

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


IFSC Code

UBIN0531405

MICR Code

360026121

Branch

PORBANDAR

Contact

2242609

Address

MAHATMA GANDHI ROAD POST BOX NO. 85 PORBANDAR DIST. PORBANDARM.G.ROAD GUJARAT PIN - 360 575.

City

PORBANDAR

District

PORBANDER

State

GUJARAT





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

UBIN0531405

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.