UNION BANK OF INDIA IFSC Code – BUDHAVARAM MARKET, BHIMAVARAM
Complete bank details including IFSC code, MICR code, address and payment facilities for BUDHAVARAM MARKET branch.
Bank Details
| Bank Name | UNION BANK OF INDIA |
| Branch Name | BUDHAVARAM MARKET |
| IFSC Code | UBIN0560961 |
| MICR Code | NA |
| Address | 16 2 207 BUDHAVARAM MARKET P P ROAD BHIMAVARAM POST |
| City | BHIMAVARAM |
| District | WEST GODAVARI |
| State | ANDHRA PRADESH |
| Contact | 0 |
Payment Facilities
About IFSC Code UBIN0560961
The IFSC code UBIN0560961 uniquely identifies the BUDHAVARAM MARKET branch of UNION BANK OF INDIA located in BHIMAVARAM, 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 UBIN0560961
- 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 (560961) – Unique branch identifier for BUDHAVARAM MARKET
How to Use IFSC Code UBIN0560961
To transfer money to any account at UNION BANK OF INDIA BUDHAVARAM MARKET branch, you will need to provide the IFSC code UBIN0560961 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at BUDHAVARAM MARKET
- 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 BUDHAVARAM MARKET Branch
UNION BANK OF INDIA BUDHAVARAM MARKET is a branch of UNION BANK OF INDIA located in BHIMAVARAM, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in BHIMAVARAM and surrounding areas.
Branch Address
16 2 207 BUDHAVARAM MARKET P P ROAD BHIMAVARAM POST, BHIMAVARAM, 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 BUDHAVARAM MARKET?
The IFSC code of UNION BANK OF INDIA BUDHAVARAM MARKET branch in BHIMAVARAM is UBIN0560961.
What is the MICR code of UNION BANK OF INDIA BUDHAVARAM MARKET?
The MICR code of UNION BANK OF INDIA BUDHAVARAM MARKET branch is NA.
What is the address of UNION BANK OF INDIA BUDHAVARAM MARKET?
UNION BANK OF INDIA BUDHAVARAM MARKET branch is located at 16 2 207 BUDHAVARAM MARKET P P ROAD BHIMAVARAM POST.
Does UNION BANK OF INDIA BUDHAVARAM MARKET support NEFT/RTGS/IMPS?
UNION BANK OF INDIA BUDHAVARAM MARKET branch supports NEFT, RTGS, IMPS, and UPI transactions.