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 Buchireddy Palem Nellore Branch IFSC/MICR Code Details
Bank Name UNION BANK OF INDIA
Address P V RATNAMMAB1233 NELLORE BUCHIREDDY PALEM ANDHRA PRADESH PIN 524305
State ANDHRA PRADESH
District NELLORE
Branch BUCHIREDDY PALEM
IFSC Code UBIN0576590
Branch Code 576590 (Last six characters of IFSC code represent Branch code.)
MICR Code NA
Contact Phone 9949932525
via https://bankingzone.in/ifsc

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