IFSC Code, MICR Codes for UNION BANK OF INDIA in ANDHRA PRADESH - NALGONDA - CHINTAPALLI - SIVANNAGUDA

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


IFSC Code

UBIN0543951

MICR Code

508026642

Branch

SIVANNAGUDA

Contact

244930

Address

VENKATESHWARA NAGAR POST MALL MAN.CHINTAPALLY DIST.NALGONDA PIN 508245 ANDHRA PRADESH

City

CHINTAPALLI

District

NALGONDA

State

ANDHRA PRADESH





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

UBIN0543951

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.