IFSC Code, MICR Codes for CORPORATION BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - HYDERABAD LIC BASHEERBAGH EC

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


IFSC Code

CORP0002108

MICR Code

500017021

Branch

HYDERABAD LIC BASHEERBAGH EC

Contact

23244100

Address

LIC OF INDIA BLDG. BASHEERBAGH HYDERABAD 500029

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of CORPORATION BANK situated at HYDERABAD LIC BASHEERBAGH EC- RTGS-HO?
IFSC Code of CORPORATION BANK situated at HYDERABAD LIC BASHEERBAGH EC - RTGS-HO is

CORP0002108

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.