Union Bank of India Sanguem (UBI)
Sanguem · South Goa, Goa
403026008 is the MICR code for the Sanguem branch of Union Bank of India, located in South Goa, Goa. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code UBIN0532517.
Bank
Union Bank of India
Branch & Address
Sanguem
Vinita Building, Sanguem, Dist. South Goa, PIN - 403 704.
South Goa, Sanguem, Goa
Contact
2604221MICR Code Structure
403
City
026
Bank
008
Branch
City code 403 identifies the RBI clearing centre, bank code 026 identifies Union Bank of India, and branch code 008 identifies this specific branch.
Online Payment Methods Supported
Other Union Bank of India (UBI) branches near South Goa
Other banks in South Goa, Goa
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (UBIN0532517) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 403026008 is in the middle, and your account number is on the right.