IFSC Code, MICR Codes for CORPORATION BANK in KARNATAKA - MANDYA - MANGALA - MANGALA

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


IFSC Code

CORP0000380

MICR Code

571017531

Branch

MANGALA

Contact

2234060

Address

MANGALA BR MAIN ROADMANGALA - 571 403MANDYA TALUK & DIST

City

MANGALA

District

MANDYA

State

KARNATAKA





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

CORP0000380

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.