IFSC Code, MICR Codes for RATNAKAR BANK LIMITED in TAMIL NADU - COIMBATORE - COIMBATORE - COIMBATORE

RATNAKAR BANK LIMITED RTGS HO Branch in COIMBATORE - Address, IFSC, MICR Code


IFSC Code

RATN0000171

MICR Code

641176002

Branch

COIMBATORE

Contact

43020600

Address

THE RATNAKAR BANK LTD R.G CHAMBERS 726 AVINASHI ROAD TAMILNADU 641018

City

COIMBATORE

District

COIMBATORE

State

TAMIL NADU





What is IFSC Code of RATNAKAR BANK LIMITED situated at COIMBATORE- RTGS-HO?
IFSC Code of RATNAKAR BANK LIMITED situated at COIMBATORE - RTGS-HO is

RATN0000171

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.