IFSC Code, MICR Codes for CORPORATION BANK in KARNATAKA - RAICHUR - RAICHUR - RAICHUR

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


IFSC Code

CORP0000045

MICR Code

584017002

Branch

RAICHUR

Contact

63472286

Address

11-9-28 BRESTWARPET PB.B NO.5 RAICHUR 584101

City

RAICHUR

District

RAICHUR

State

KARNATAKA





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

CORP0000045

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.