IFSC Code, MICR Codes for UNION BANK OF INDIA in ANDHRA PRADESH - MEDAK - CHINNAKODUR - CHINNAKODUR

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


IFSC Code

UBIN0542547

MICR Code

502026502

Branch

CHINNAKODUR

Contact

243023

Address

AT POST CHINNAKODUR TAL. SIDDIPET DIST. MEDAK ANDHRA PRADESH PIN 502 276.

City

CHINNAKODUR

District

MEDAK

State

ANDHRA PRADESH





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

UBIN0542547

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.