IFSC Code, MICR Codes for CORPORATION BANK in ANDHRA PRADESH - VISHAKHAPATNAM - VISAKHAPATNAM - VISAKHAPATNAM MADURAVADA

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


IFSC Code

CORP0001224

MICR Code

530017005

Branch

VISAKHAPATNAM MADURAVADA

Contact

2737395

Address

D.NO.9-3 NH-5 VALLI NAGAR MADURAVADA

City

VISAKHAPATNAM

District

VISHAKHAPATNAM

State

ANDHRA PRADESH





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

CORP0001224

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.