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

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


IFSC Code

UBIN0548642

MICR Code

754026501

Branch

BARADIA

Contact

94373

Address

AT POST BARADIA VIA RAJKANIKA DIST. KENDRAPARA ORISSA PIN 754220

City

BARADIA

District

KENDRAPARA

State

ODISHA





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

UBIN0548642

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.