What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Union Bank Of India Guntur Main Guntur Branch IFSC/MICR Code Details
Bank Name UNION BANK OF INDIA
Address R AGRAHARAM, G.T. ROAD, P.B. NO. 131,DIST. GUNTUR, ANDHRA PRADESH,PIN - 522 003.
State ANDHRA PRADESH
District GUNTUR
Branch GUNTUR MAIN
IFSC Code UBIN0533025
Branch Code 533025 (Last six characters of IFSC code represent Branch code.)
MICR Code 520026102
Contact Phone 0
via https://bankingzone.in/ifsc

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