IFSC Code, MICR Codes for UNION BANK OF INDIA in KARNATAKA - DHARWAD - HUBLI DHARWAD - RAIBAG

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


IFSC Code

UBIN0557692

MICR Code

NA

Branch

RAIBAG

Contact

0

Address

TPC NO 1560 MAIN ROAD NEAR POLICE STATIONATANDPOST RAIBAG DIST BELGAUM

City

HUBLI DHARWAD

District

DHARWAD

State

KARNATAKA





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

UBIN0557692

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.