Latest details of Bank: Bank Of India
MARKODE UNION BANK OF INDIA
MARKODE
MARKODE GUNDALA MANDALKOTHAGUDEM BHADRADRI DISTRICT
9553479086
IFSC: UBIN0831255
TIRUMALAKUNTA UNION BANK OF INDIA
TIRUMALAKUNTA
TIRUMALAKUNTA,ASWARAOPET MANDALBHADRADRI KOTHAGUDEM DISTRICT
8096049084
IFSC: UBIN0831263
PENAGADAPA UNION BANK OF INDIA
PENAGADAPA
CHUNCHUPALLY BLOCK AND TEHSILBHADRADRI KOTHAGUDEM DT
9490061243
IFSC: UBIN0831298
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
