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

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


IFSC Code

UBIN0554171

MICR Code

757026002

Branch

BARIPADA

Contact

0

Address

LAL BAZAR BARIPADA - 757 001DIST. MAYURBHANJ ORISSA.

City

BARIPADA

District

JAGATSINGHPUR

State

ODISHA





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

UBIN0554171

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.