IFSC Code, MICR Codes for CORPORATION BANK in JHARKHAND - RANCHI - RANCHI - RANCHI LIC EC

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


IFSC Code

CORP0002116

MICR Code

834017003

Branch

RANCHI LIC EC

Contact

2300505

Address

LIC OF INDIA JEEVAN JYOTHI BLDG. PURLIA ROAD RANCHI 834001

City

RANCHI

District

RANCHI

State

JHARKHAND





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

CORP0002116

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.