IFSC Code, MICR Codes for UNION BANK OF INDIA in KARNATAKA - BELGAUM - KAGWAD - KAGWAD

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


IFSC Code

UBIN0537527

MICR Code

591026524

Branch

KAGWAD

Contact

264648

Address

44 C PADMAVATI BUILDING BAZAR PETH AT POST KAGWAD DIST.BELGAUM KARNATAKA PIN 591223

City

KAGWAD

District

BELGAUM

State

KARNATAKA





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

UBIN0537527

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.