IFSC Code, MICR Codes for UNION BANK OF INDIA in ANDHRA PRADESH - KHAMMAM - BASWAPURAM - BASWAPURAM

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


IFSC Code

UBIN0566098

MICR Code

NA

Branch

BASWAPURAM

Contact

0

Address

D NO 1 31 MAIN ROAD BASWAPURAM CITY BASWAPURAM DISTT KHAMMAM507318ANDHRA PRADESH

City

BASWAPURAM

District

KHAMMAM

State

ANDHRA PRADESH





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

UBIN0566098

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.