Union Bank of India, A B V PALEM, PRAKASAM Branch IFSC Code

The IFSC code UBIN0541737 is assigned to Union Bank of India, A B V PALEM located in PRAKASAM, ANDHRA PRADESH. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Union Bank of India
IFSC Code UBIN0541737
MICR Code 523026722
Branch Code 541737
Branch A B V PALEM
City PRAKASAM
District ANNAMBHOTLAVARIPALEM
State ANDHRA PRADESH
Address AT POST ANNAMBHOTLAVARIPALEMMAIN ROAD DIST. PRAKASAM ANDHRA PRADESH PIN 523171 Maps
Contact 252237

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

UBIN Bank Code
0 Reserved (0)
541737 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

523 City Code
026 Bank Code
722 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code UBIN0541737 is the Indian Financial System Code assigned to Union Bank of India, A B V PALEM branch in PRAKASAM, ANDHRA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in PRAKASAM, ANNAMBHOTLAVARIPALEM, ANDHRA PRADESH. The full address is: AT POST ANNAMBHOTLAVARIPALEMMAIN ROAD DIST. PRAKASAM ANDHRA PRADESH PIN 523171

The branch code is 541737. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Union Bank of India.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 523026722. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: UBIN0541737
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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