IFSC Code, MICR Codes for UNION BANK OF INDIA in ODISHA - BALASORE - BALASORE - BALASORE

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


IFSC Code

UBIN0550060

MICR Code

756026002

Branch

BALASORE

Contact

268432

Address

PLOT NO.810-P VIVEKANAND MARGDIST. BALASORE ORISSA PIN - 756 001.

City

BALASORE

District

BALASORE

State

ODISHA





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

UBIN0550060

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.