It is very important to find correct branch before initiating any bank process. Though all banks will have a mechanism to verify the Parakala Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Parakala branch is the cheque book. All banks will print the Parakala on the cheque books. Also, your account pass book should have the Parakala branch printed.
The address of Parakala branch is H no. 3-388 to 391, near ambedkar statue, main road, parakala, warangal rural, telangana 506164, which is located in Parakala District of Telangana State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for Union Bank Parakala is also provided.
Parakala has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of Union Bank Parakala branch, fund transfer between these banks is also possible.