UNION BANK OF INDIA IFSC Code – PALASA, PALASA
Complete bank details including IFSC code, MICR code, address and payment facilities for PALASA branch.
Bank Details
| Bank Name | UNION BANK OF INDIA |
| Branch Name | PALASA |
| IFSC Code | UBIN0557366 |
| MICR Code | NA |
| Address | 12 3 24 GANDHI NAGARKASIBUGGA |
| City | PALASA |
| District | SRIKAKULAM |
| State | ANDHRA PRADESH |
| Contact | 9490708112 |
Payment Facilities
About IFSC Code UBIN0557366
The IFSC code UBIN0557366 uniquely identifies the PALASA branch of UNION BANK OF INDIA located in PALASA, ANDHRA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code UBIN0557366
- First 4 characters (UBIN) – Represents UNION BANK OF INDIA bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (557366) – Unique branch identifier for PALASA
How to Use IFSC Code UBIN0557366
To transfer money to any account at UNION BANK OF INDIA PALASA branch, you will need to provide the IFSC code UBIN0557366 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at PALASA
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About UNION BANK OF INDIA PALASA Branch
UNION BANK OF INDIA PALASA is a branch of UNION BANK OF INDIA located in PALASA, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in PALASA and surrounding areas.
Branch Address
12 3 24 GANDHI NAGARKASIBUGGA, PALASA, ANDHRA PRADESH
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of UNION BANK OF INDIA PALASA?
The IFSC code of UNION BANK OF INDIA PALASA branch in PALASA is UBIN0557366.
What is the MICR code of UNION BANK OF INDIA PALASA?
The MICR code of UNION BANK OF INDIA PALASA branch is NA.
What is the address of UNION BANK OF INDIA PALASA?
UNION BANK OF INDIA PALASA branch is located at 12 3 24 GANDHI NAGARKASIBUGGA.
Does UNION BANK OF INDIA PALASA support NEFT/RTGS/IMPS?
UNION BANK OF INDIA PALASA branch supports NEFT, RTGS, IMPS, and UPI transactions.