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

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


IFSC Code

UBIN0574821

MICR Code

NA

Branch

BORIGUMA

Contact

9982982041

Address

NEELKANTHAM PLAZA NABARANGPUR RD KORAPUT PIN 764056

City

KORAPUT

District

KORAPUT

State

ODISHA





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

UBIN0574821

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.