IFSC Code, MICR Codes for CORPORATION BANK in ANDHRA PRADESH - CUDDAPAH - RAYACHOTI - RAYACHOTI

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


IFSC Code

CORP0001593

MICR Code

516017622

Branch

RAYACHOTI

Contact

256565

Address

GROUND FLOOR 37-11-A IST FLOOR S N COLONY RAYACHOTI DISTRICT KADAPA ANDHRA PRADESH 516269

City

RAYACHOTI

District

CUDDAPAH

State

ANDHRA PRADESH





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

CORP0001593

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.