IFSC Code, MICR Codes for UNION BANK OF INDIA in MAHARASHTRA - AHMEDNAGAR - KHED - KHED

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


IFSC Code

UBIN0542687

MICR Code

NA

Branch

KHED

Contact

257024

Address

AT POST KHED TALUKA KARJAT DIST.AHMEDNAGAR PIN 414403.MAHARASHTRA

City

KHED

District

AHMEDNAGAR

State

MAHARASHTRA





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

UBIN0542687

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.