UNION BANK OF INDIA BSR Codes In Prakasam

 
No. Bank Name Address BSR Code
1 UNION BANK OF INDIA Post Office Tungutur,Prakasam-ANDHRA PRADESH 0293514
2 UNION BANK OF INDIA Prakasam Andhra Pradesh,Prakasam-ANDHRA PRADESH 0290307
3 UNION BANK OF INDIA Prakasam Andhra Pradesh,Prakasam-ANDHRA PRADESH 0291294
4 UNION BANK OF INDIA Prakasam Andhra Pradesh,Prakasam-ANDHRA PRADESH 0290719
5 UNION BANK OF INDIA Ongole Near RTC Bus Stand,Prakasam-ANDHRA PRADESH 0293303
6 UNION BANK OF INDIA Prakasam Andhra Pradesh,Prakasam-ANDHRA PRADESH 0290309
7 UNION BANK OF INDIA Parchoor Prakasam,Prakasam-ANDHRA PRADESH 0290308
8 UNION BANK OF INDIA Prakasam Andhra Pradesh,Prakasam-ANDHRA PRADESH 0291745
9 UNION BANK OF INDIA Prakasam Krishna Andhra Pradesh,Prakasam-ANDHRA PRADESH 0291575
10 UNION BANK OF INDIA Prakasam Andhra Pradesh,Prakasam-ANDHRA PRADESH 0291744
11 UNION BANK OF INDIA Prakasam Andhra Pradesh,Prakasam-ANDHRA PRADESH 0291173
12 UNION BANK OF INDIA Prakasam Andhra Pradesh,Prakasam-ANDHRA PRADESH 0291408
13 UNION BANK OF INDIA Prakasam Andhra Pradesh,Prakasam-ANDHRA PRADESH 0291445
14 UNION BANK OF INDIA Pamuru Road Prakasam Kandukur,Prakasam-ANDHRA PRADESH 0291576

What is UNION BANK OF INDIA BSR Code Prakasam?

Basic Statistical Return (BSR) 7 digit code with first three digits identifying the bank and remaining four digits identifying the branch allotted by RBI to that bank branches. . This BSR code is unique for each branch of a bank. When filling Income Tax TDS/TCS returns BSR code is used in challan details and deductee details.

Where is BSR code used?

BSR code is used in challan identification number (CIN) which also comprises of the date of deposit and the challan serial number in 5 digits. . CIN will be unique for each challan it will be used for identifying the challan in the Online Tax Accounting System (OLATS). BSR codes will be helpful for a pensioner to get their pension, the Bank A/C No. along with the bank BSR code can be used by the pensioners to get their pension.

What is OLTAS?

Income Tax Department's initiative to receive information and maintain records of tax paid through banks through online upload of challan details is named as OLTAS (Online Tax Accounting System). The collecting bank branch will put a rubber stamp on the challan and its counterfoil indicating the CIN. It will be unique for each challan throughout the country and will be used for identifying the challan in the OLTAS

What is CIN ?

Challan Identification Number (CIN) has three parts Bank Branch Name 7 digit BSR code of the bank branch Date of Deposit (DD/MM/YY) of tax Serial Number of Challan CIN is stamped on the acknowledgement receipt to uniquely identify the tax payment. CIN has to be quoted in the return of income as a proof of payment. CIN is also to be quoted in any further enquiry. Therefore, you must ensure that CIN (comprising the above three parts) is stamped on the Challan by the bank. If not, immediately contact the bank manager and insist on CIN. The Reserve Bank of India has already passed an order dated April 1, 2004 making it compulsory for all tax collecting branches of banks to use a rubber stamp acknowledgement that carries CIN. A separate CIN is given for each challan deposited. If the Bank Manager is unable to resolve the issue, you should address your grievance to the Bank's Regional Manager and the Regional Office of Reserve Bank of India for redressal.

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