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 Fi Vellanti Sri Pottisreeramulu Nellore Branch IFSC/MICR Code Details
Bank Name UNION BANK OF INDIA
Address H NO 123 VIJAYA MILK BUS STAND CENTRE KOTHA VELLANTI PINCODE 524309
State ANDHRA PRADESH
District SRI POTTISREERAMULU NELLORE
Branch FI VELLANTI
IFSC Code UBIN0564761
Branch Code 564761 (Last six characters of IFSC code represent Branch code.)
MICR Code NA
Contact Phone 0
via https://bankingzone.in/ifsc

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