IFSC Code, MICR Codes for CORPORATION BANK in ANDHRA PRADESH - NALGONDA - CHOUTUPPAL - CHOUTUPPAL

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


IFSC Code

CORP0001386

MICR Code

508017502

Branch

CHOUTUPPAL

Contact

273311

Address

FIRST FLOOR 3-206/1 N.H.09 CHOWTUPPAL NALGONDA DIST-508252

City

CHOUTUPPAL

District

NALGONDA

State

ANDHRA PRADESH





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

CORP0001386

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.