IFSC Code, MICR Codes for CORPORATION BANK in KARNATAKA - CHITRADURGA - CHALLAKERE - CHALLAKERE

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


IFSC Code

CORP0001320

MICR Code

577017534

Branch

CHALLAKERE

Contact

222121

Address

SAHANA COMPLEX VASAVI COLONY BANGALORE ROAD CHALLAKERE - 577 522

City

CHALLAKERE

District

CHITRADURGA

State

KARNATAKA





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

CORP0001320

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.