IFSC Code, MICR Codes for CORPORATION BANK in ANDHRA PRADESH - WEST GODAVARI - PALAKOLLU - PALAKOLLU

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


IFSC Code

CORP0001613

MICR Code

534017302

Branch

PALAKOLLU

Contact

227345

Address

JETTY TANK ROADPALAKOLLUWEST GODAVARI DIST - 534260 ANDHRA PRADESH

City

PALAKOLLU

District

WEST GODAVARI

State

ANDHRA PRADESH





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

CORP0001613

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.