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

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


IFSC Code

UBIN0553344

MICR Code

390026017

Branch

BARODA IFB

Contact

0

Address

UNION BANK BHAVAN STATION ROADSAYAJIGANJ BARODA - 390 005GUJARAT.

City

VADODARA

District

VADODARA

State

GUJARAT





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

UBIN0553344

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.