IFSC Code, MICR Codes for UNION BANK OF INDIA in PUNJAB - JALANDHAR - GORAYA - GORAYA

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


IFSC Code

UBIN0551031

MICR Code

144026302

Branch

GORAYA

Contact

263396

Address

BOPARAI G.T. ROAD P.O. GORAYA DIST. JALANDHAR PUNJAB PIN - 144 409.

City

GORAYA

District

JALANDHAR

State

PUNJAB





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

UBIN0551031

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.