IFSC Code, MICR Codes for UNION BANK OF INDIA in GUJARAT - RAJKOT - PAL - PAL

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


IFSC Code

UBIN0572993

MICR Code

360026010

Branch

PAL

Contact

9909963705

Address

PLOT17RS97 1 SRI HARIPRASAD NGRPAL PAL GUJARAT PINCODE 360004

City

PAL

District

RAJKOT

State

GUJARAT





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

UBIN0572993

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.