IFSC Code, MICR Codes for UNION BANK OF INDIA in MAHARASHTRA - SHOLAPUR - MODNIMB - MODNIMB

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


IFSC Code

UBIN0547204

MICR Code

NA

Branch

MODNIMB

Contact

230257

Address

RUKIMINI SADAN STATION MAIN ROAD AT POST MODNIMB TAL. MADHA DIST. SOLAPUR PIN 413301 MAHARASHTRA

City

MODNIMB

District

SHOLAPUR

State

MAHARASHTRA





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

UBIN0547204

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.