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

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


IFSC Code

UBIN0533181

MICR Code

584026002

Branch

RAICHUR

Contact

0

Address

PRASANNA NIVAS P.B.NO 32POST & DIST. RAICHUR KARNATAKAPIN - 584 101.

City

RAICHUR

District

RAICHUR

State

KARNATAKA





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

UBIN0533181

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.