IFSC Code, MICR Codes for UNION BANK OF INDIA in MAHARASHTRA - AKOLA - KURANKHED - KURANKHED

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


IFSC Code

UBIN0542571

MICR Code

444026508

Branch

KURANKHED

Contact

2257528

Address

AT POST KURANKHED NEAR MAIN ROAD GAJANAN TEMPLE TALUKA DIST.AKOLA PIN 444102 MAHARASHTRA

City

KURANKHED

District

AKOLA

State

MAHARASHTRA





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

UBIN0542571

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.