IFSC Code, MICR Codes for UNION BANK OF INDIA in MADHYA PRADESH - SAGAR - GARHAKOTA - GARHAKOTA

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


IFSC Code

UBIN0532550

MICR Code

470026501

Branch

GARHAKOTA

Contact

258425

Address

BAZAR WARD AT & POST GARHAKOTA DIST.SAGAR MADHYA PRADESH PIN - 470 229.

City

GARHAKOTA

District

SAGAR

State

MADHYA PRADESH





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

UBIN0532550

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.