IFSC Code, MICR Codes for CORPORATION BANK in ANDHRA PRADESH - RANGAREDDY - QUTHBULLAPUR - KOMPALLY

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


IFSC Code

CORP0001618

MICR Code

500017040

Branch

KOMPALLY

Contact

232110

Address

GROUND FLOOR SY NO 161/BNH 7 MAIN ROAD KOMPALLYQUTHBULLAPURRANGA REDDY 500014 A P

City

QUTHBULLAPUR

District

RANGAREDDY

State

ANDHRA PRADESH





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

CORP0001618

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.