IFSC Code, MICR Codes for UNION BANK OF INDIA in MADHYA PRADESH - KHARGONE - KHURAI - KHURAI

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


IFSC Code

UBIN0557196

MICR Code

470026505

Branch

KHURAI

Contact

7581

Address

NEAR STATE BANK OFINDIA STATION ROAD

City

KHURAI

District

KHARGONE

State

MADHYA PRADESH





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

UBIN0557196

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.