IFSC Code, MICR Codes for UNION BANK OF INDIA in MAHARASHTRA - MUMBAI (NORTH) - RAIGARH - NEW PANVEL

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


IFSC Code

UBIN0561398

MICR Code

400026160

Branch

NEW PANVEL

Contact

0

Address

SHOP 1619 SRI DARSHAN CO.OP SEC-19 PLOT-34 MUMBAI PIN CODE 410206

City

RAIGARH

District

MUMBAI (NORTH)

State

MAHARASHTRA





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

UBIN0561398

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.