IFSC Code, MICR Codes for UNION BANK OF INDIA in MAHARASHTRA - SATARA - KARAD - KARAD

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


IFSC Code

UBIN0557617

MICR Code

415026352

Branch

KARAD

Contact

227228

Address

PATIL HERITAGE DUTTA CHOWK NEAR DUTTA MANDIR KARAD MAHARASHTRA 415110

City

KARAD

District

SATARA

State

MAHARASHTRA





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

UBIN0557617

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.