IFSC Code, MICR Codes for UNION BANK OF INDIA in ANDHRA PRADESH - HYDERABAD URBAN - HYDERABAD - SOMAJIGUDA HYDERABAD

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


IFSC Code

UBIN0550825

MICR Code

500026014

Branch

SOMAJIGUDA HYDERABAD

Contact

0

Address

6-6-347/9/4 DWARAKAPURI COLONYSOMAJIGUDA HYDERABADANDHRA PRADESH PIN-500 482.

City

HYDERABAD

District

HYDERABAD URBAN

State

ANDHRA PRADESH





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

UBIN0550825

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.