IFSC Code, MICR Codes for UNION BANK OF INDIA in HIMACHAL PRADESH - SOLAN - BADDI - BADDIHIMACHAL PRADESH

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


IFSC Code

UBIN0554901

MICR Code

160026011

Branch

BADDIHIMACHAL PRADESH

Contact

0

Address

SHOP NO.5AND6 FAUZI COMPLEXSAI ROAD BADDI BADDI

City

BADDI

District

SOLAN

State

HIMACHAL PRADESH





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

UBIN0554901

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.