IFSC Code, MICR Codes for CORPORATION BANK in KARNATAKA - GULBARGA - MAHAGAON - MAHAGAON CROSS

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


IFSC Code

CORP0001697

MICR Code

584017503

Branch

MAHAGAON CROSS

Contact

220443

Address

PLOT NO 17 SURVEY NO. 140/2BMAHAGAON CROSSGULBARGA 585316 KARNATAKA

City

MAHAGAON

District

GULBARGA

State

KARNATAKA





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

CORP0001697

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.