IFSC Code, MICR Codes for UNION BANK OF INDIA in PUNJAB - HOSIARPUR - BAJWARA - BAJWARA

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


IFSC Code

UBIN0540846

MICR Code

NA

Branch

BAJWARA

Contact

236643

Address

AT & POST BAJWARA DIST. HOSHIARPUR PUNJAB PIN - 146 023

City

BAJWARA

District

HOSIARPUR

State

PUNJAB





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

UBIN0540846

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.