IFSC Code, MICR Codes for UNION BANK OF INDIA in ANDHRA PRADESH - KARIMNAGAR - VELDI - VELDI

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


IFSC Code

UBIN0567914

MICR Code

NA

Branch

VELDI

Contact

0

Address

VELDI VILLAGE MANAKONDUR MANDAL VELDI ANDHRA PRADESH PIN-

City

VELDI

District

KARIMNAGAR

State

ANDHRA PRADESH





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

UBIN0567914

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.