IFSC Code, MICR Codes for CANARA BANK in ANDHRA PRADESH - NELLORE - NELLORE - MAGUNTA LAYOUTNELLORE

CANARA BANK RTGS HO Branch in NELLORE - Address, IFSC, MICR Code


IFSC Code

CNRB0002844

MICR Code

524015003

Branch

MAGUNTA LAYOUTNELLORE

Contact

2305620

Address

PLOT NO.468/B KINGS COURT MAIN ROAD MAGUNTA LAYOUT NELLORE (A.P.)

City

NELLORE

District

NELLORE

State

ANDHRA PRADESH





What is IFSC Code of CANARA BANK situated at MAGUNTA LAYOUTNELLORE- RTGS-HO?
IFSC Code of CANARA BANK situated at MAGUNTA LAYOUTNELLORE - RTGS-HO is

CNRB0002844

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.