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

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


IFSC Code

UBIN0533084

MICR Code

523026662

Branch

PARCHOOR

Contact

243247

Address

DOOR NO. 9/32 NEW BUS STAND PARCHOOR DIST. PRAKASAM ANDHRA PRADESH PIN - 523 169.

City

PARCHOOR

District

PRAKASAM

State

ANDHRA PRADESH





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

UBIN0533084

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.