IFSC Code Details

Union Bank Of India Palem IFSC Code UBIN0536547

Branch
PALEM
NEFT RTGS IMPS
IFSC CODE
UBIN0536547

UNION BANK OF INDIA - PALEM Details

Bank Name UNION BANK OF INDIA
IFSC Code UBIN0536547 Use for NEFT, RTGS, IMPS
MICR Code 509026582
Branch Name PALEM
Address D.NO. 5-71, AT & POST PALEM,TALUKA NAGARKURNOOL,DIST. MAHABUBNAGAR, ANDHRA PRADESH, PIN - 509 215.
City PALEM
District MEHBOOBNAGAR
State ANDHRA PRADESH
Contact Number 228641

About UNION BANK OF INDIA in PALEM

Looking for the IFSC Code of UNION BANK OF INDIA, PALEM branch? The code is UBIN0536547.

This branch is situated at D.NO. 5-71, AT & POST PALEM,TALUKA NAGARKURNOOL,DIST. MAHABUBNAGAR, ANDHRA PRADESH, PIN - 509 215. in PALEM district of ANDHRA PRADESH.

You can use this code for online fund transfers via NEFT, RTGS, and IMPS to beneficiaries holding accounts in this branch. Always verify the IFSC code with the cheque book or passbook of the beneficiary before confirming the transaction.

Frequently Asked Questions

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is mandatory for electronic fund transfers like NEFT, RTGS, and IMPS. The first four characters represent the bank, the fifth is always zero, and the last six identify the specific branch.

To transfer money to UNION BANK OF INDIA PALEM branch, you need to provide the beneficiary's account number and this IFSC code (UBIN0536547) in your online banking portal or mobile app. This code ensures the funds are routed to the correct branch.

IFSC codes are used for electronic funds transfers (NEFT, RTGS, IMPS), while MICR (Magnetic Ink Character Recognition) codes are used for cheque processing. IFSC is 11 characters long and includes both letters and numbers, whereas MICR is a 9-digit numeric code printed on cheques.

Yes, the IFSC code UBIN0536547 can be used for all types of electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

The IFSC code is usually printed on the top or bottom of your cheque leaf, along with the MICR code. You can also find it on your bank passbook, account statement, or by contacting your bank's customer service.

Yes, it is completely safe to share your IFSC code. This code only identifies the bank branch and cannot be used alone to access your account or make unauthorized transactions. However, always verify the recipient before sharing along with your account number.

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