IFSC Code, MICR Codes for CORPORATION BANK in KARNATAKA - BANGALORE RURAL - MAGADI - MAGADI

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


IFSC Code

CORP0001194

MICR Code

560017092

Branch

MAGADI

Contact

27745786

Address

#999/933 PATEL SUBBAIAH ROAD MAGADI?

City

MAGADI

District

BANGALORE RURAL

State

KARNATAKA





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

CORP0001194

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.