IFSC Code, MICR Codes for CORPORATION BANK in ANDHRA PRADESH - CHITTOOR - PENUMUR - PENUMUR

CORPORATION BANK RTGS HO Branch in PENUMUR - Address, IFSC, MICR Code


IFSC Code

CORP0000254

MICR Code

NA

Branch

PENUMUR

Contact

277528

Address

MAIN ROAD PENUMUR 517126

City

PENUMUR

District

CHITTOOR

State

ANDHRA PRADESH





What is IFSC Code of CORPORATION BANK situated at PENUMUR- RTGS-HO?
IFSC Code of CORPORATION BANK situated at PENUMUR - RTGS-HO is

CORP0000254

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.