IFSC Code, MICR Codes for CANARA BANK in ANDHRA PRADESH - WEST GODAVARI - PALAKOL - PALAKOLLU

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


IFSC Code

CNRB0005517

MICR Code

534015302

Branch

PALAKOLLU

Contact

224333

Address

D NO 14426 1ST FLOOR KANURI COMPLEXMAIN ROAD PALAKOL

City

PALAKOL

District

WEST GODAVARI

State

ANDHRA PRADESH





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

CNRB0005517

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.