IFSC Code, MICR Codes for CORPORATION BANK in ANDHRA PRADESH - GUNTUR - VINUKONDA - VINUKONDA

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


IFSC Code

CORP0001870

MICR Code

522017542

Branch

VINUKONDA

Contact

272400

Address

DOOR NO 30-646I FLOOR DESIDE SBI(ADB)VINUKONDAGUNTUR 522647 ANDHRA PRADESH

City

VINUKONDA

District

GUNTUR

State

ANDHRA PRADESH





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

CORP0001870

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.