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

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


IFSC Code

UBIN0569585

MICR Code

415026151

Branch

PHALTAN

Contact

0

Address

PLOT NO 1 CTS NO 3320 NANA PATIL CHOWK PHALTAN MAHARASHTRA PINCODE415523

City

PHALTAN

District

SATARA

State

MAHARASHTRA





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

UBIN0569585

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.