IFSC Code, MICR Codes for UNION BANK OF INDIA in MAHARASHTRA - RAIGAD - MATHERAN - MATHERAN

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


IFSC Code

UBIN0532088

MICR Code

400026087

Branch

MATHERAN

Contact

230282

Address

BAZAR PLOT NO. 8 M.G.ROAD MATHERAN TALUKA KARJAT DIST.RAIGAD PIN 410102 MAHARASHTRA

City

MATHERAN

District

RAIGAD

State

MAHARASHTRA





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

UBIN0532088

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.