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

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


IFSC Code

UBIN0564591

MICR Code

NA

Branch

LAKKAVARAM

Contact

0

Address

LAKKAVARAM MAIN ROAD CHODAVARAM MANDAL LAKKAVARAM ANDHRAPRADESH 531075

City

LAKKAVARAM

District

PRAKASAM

State

ANDHRA PRADESH





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

UBIN0564591

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.