Union Bank of India Buddharam (UBI)
Buddharam · Wanaparthy, Telangana
509026059 is the MICR code for the Buddharam branch of Union Bank of India, located in Wanaparthy, Telangana. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code UBIN0593443.
Bank
Union Bank of India
Branch & Address
Buddharam
Dno. 1-120a, Buddharam Village, Gopalpet Mandal, Wanaparthy District - 509206
Wanaparthy, Wanaparthy, Telangana
Contact
+919010714841MICR Code Structure
509
City
026
Bank
059
Branch
City code 509 identifies the RBI clearing centre, bank code 026 identifies Union Bank of India, and branch code 059 identifies this specific branch.
Online Payment Methods Supported
Other Union Bank of India (UBI) branches near Wanaparthy
Other banks in Wanaparthy, Telangana
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (UBIN0593443) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 509026059 is in the middle, and your account number is on the right.