IFSC Code, MICR Codes for UNION BANK OF INDIA in TELANGANA - MEDAK - MEDAK - SIDDIPET

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


IFSC Code

UBIN0575216

MICR Code

NA

Branch

SIDDIPET

Contact

8008705059

Address

H NO 11 3 141 1 BHARAT NAGAR SIDDIPET MEDAK TELANGANA PIN 502103

City

MEDAK

District

MEDAK

State

TELANGANA





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

UBIN0575216

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.