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

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


IFSC Code

CORP0000751

MICR Code

560017058

Branch

BANGALORE KUMARA PARK

Contact

23448757

Address

ASHA CHAMBERS VENKATASWAMY RAJU ROAD BANGALORE 560020

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





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

CORP0000751

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.