IFSC Code, MICR Codes for CENTRAL BANK OF INDIA in ANDHRA PRADESH - WEST GODAVARI - PALAKOL - PALAKOLE

CENTRAL BANK OF INDIA RTGS HO Branch in PALAKOL - Address, IFSC, MICR Code


IFSC Code

CBIN0283564

MICR Code

NA

Branch

PALAKOLE

Contact

22612008

Address

RANGAMANNARPET BANK ST. PALAKOLE. DIST- WG DIST. AP-534260

City

PALAKOL

District

WEST GODAVARI

State

ANDHRA PRADESH





What is IFSC Code of CENTRAL BANK OF INDIA situated at PALAKOLE- RTGS-HO?
IFSC Code of CENTRAL BANK OF INDIA situated at PALAKOLE - RTGS-HO is

CBIN0283564

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.