IFSC Code, MICR Codes for UNION BANK OF INDIA in GUJARAT - VADODARA - RAROD - RAROD

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


IFSC Code

UBIN0545597

MICR Code

390026501

Branch

RAROD

Contact

253222

Address

AT POST RAROD VIA ANKLESHWAR TALUKA KARJAN DIST.BARODA GUJARAT PIN 393105

City

RAROD

District

VADODARA

State

GUJARAT





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

UBIN0545597

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.