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

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


IFSC Code

UBIN0532771

MICR Code

NA

Branch

NIZAMABAD

Contact

220485

Address

7-1-59/1-C GODOWN ROAD P.B.NO. 81LAKHANI BUILDING 1ST FLOOR NIZAMABADANDHRA PRADESH PIN - 503 001.

City

NIZAMABAD

District

NIZAMABAD

State

ANDHRA PRADESH





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

UBIN0532771

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.