IFSC Code, MICR Codes for UNION BANK OF INDIA in ODISHA - KHURDA - BHUBANESHWAR - PATIA

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


IFSC Code

UBIN0557501

MICR Code

751026007

Branch

PATIA

Contact

6742742202

Address

SAI ANANDAM COMM COMLPLOT 386 21 PATIA

City

BHUBANESHWAR

District

KHURDA

State

ODISHA





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

UBIN0557501

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.