IFSC Code, MICR Codes for UNION BANK OF INDIA in ANDHRA PRADESH - NIZAMABAD - NAVIPET - NAVIPET

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


IFSC Code

UBIN0532789

MICR Code

503026562

Branch

NAVIPET

Contact

276239

Address

AT & POST NAVIPET DIST. NIZAMABAD ANDHRA PRADESH PIN - 503 245.

City

NAVIPET

District

NIZAMABAD

State

ANDHRA PRADESH





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

UBIN0532789

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.