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

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


IFSC Code

UBIN0549843

MICR Code

NA

Branch

PALAKKOL

Contact

224482

Address

HOUSE NO.13-7-2 BANK STREETHARIPRIYAPALAKOL RANGAMANNARPET DIST.WEST GODAVARIANDHRA PRADESH PIN - 534 260.

City

PALAKKOL

District

WEST GODAVARI

State

ANDHRA PRADESH





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

UBIN0549843

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.