IFSC Code, MICR Codes for UNION BANK OF INDIA in ANDHRA PRADESH - WEST GODAVARI - KOYYALAGUDEM - KOYYALAGUDEM

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


IFSC Code

UBIN0532959

MICR Code

NA

Branch

KOYYALAGUDEM

Contact

236249

Address

DOOR NO. 8-111 TADEPALLIGUDEM ROAD KOYYALAGUDEM DIST. WEST GODAVARI ANDHRA PRADESH. 534312

City

KOYYALAGUDEM

District

WEST GODAVARI

State

ANDHRA PRADESH





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

UBIN0532959

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.