IFSC Code, MICR Codes for CORPORATION BANK in KARNATAKA - KODAGU - VALNOOR - VALNOOR

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


IFSC Code

CORP0000201

MICR Code

571017527

Branch

VALNOOR

Contact

267423

Address

MAIN ROAD VALNOOR 571234

City

VALNOOR

District

KODAGU

State

KARNATAKA





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

CORP0000201

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.