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

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


IFSC Code

UBIN0571814

MICR Code

26753005

Branch

MARKATNAGAR

Contact

0

Address

MARKATNAGAR ABIT CAMPUS SECTOR 1 CDA ABHINAV BIDANASI CUTTACK ORISSA PINCODE-753014

City

CUTTACK

District

CUTTACK

State

ODISHA





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

UBIN0571814

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.