IFSC Code, MICR Codes for UNION BANK OF INDIA in MAHARASHTRA - SANGLI - MADHAVNAGAR - MADHAVNAGAR

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


IFSC Code

UBIN0537811

MICR Code

416026153

Branch

MADHAVNAGAR

Contact

2310026

Address

BEDMUTHABUILDINGMANGALWAR PETHMADHAVNAGAR TALUKA MIRAJ

City

MADHAVNAGAR

District

SANGLI

State

MAHARASHTRA





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

UBIN0537811

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.