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Union Bank of India - SERVICE BR. VISAKHAPATANAM

Details about the IFSC1 UBIN0553948:

Bank: Union Bank of India
Bank Branch: SERVICE BR. VISAKHAPATANAM (IN-AP)
Country: India
District/State: VISHAKAPATNAM / ANDHRA PRADESH
City: VISAKHAPATNAM
IFSC:1 UBIN0553948
MICR:2 530026009




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.