IFSC Code, MICR Codes for UNION BANK OF INDIA in GUJARAT - SURAT - SURAT - TEXTILE MARKET

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


IFSC Code

UBIN0531111

MICR Code

395026007

Branch

TEXTILE MARKET

Contact

2321312

Address

UNION BANK OF INDIA TEXTILE MARKET - SURAT TEXTILE MARKET RING ROAD SURAT GUJARAT PIN - 395 002.

City

SURAT

District

SURAT

State

GUJARAT





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

UBIN0531111

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.