IFSC Code, MICR Codes for CORPORATION BANK in KARNATAKA - BANGALORE URBAN - BANGALORE - BANGALORE RPCLAYOUT

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


IFSC Code

CORP0000523

MICR Code

560017026

Branch

BANGALORE RPCLAYOUT

Contact

23389705

Address

1796/B 6TH MAIN 9TH CROSSRPC LAYOUT VIJAYANAGARBANGALORE 560040

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





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

CORP0000523

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.