IFSC Code, MICR Codes for UNION BANK OF INDIA in MAHARASHTRA - PUNE - BANER - BANER

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


IFSC Code

UBIN0558389

MICR Code

411026033

Branch

BANER

Contact

0

Address

74 75 PK SHROFF RAOD BANER PUNE

City

BANER

District

PUNE

State

MAHARASHTRA





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

UBIN0558389

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.