IFSC Code, MICR Codes for CORPORATION BANK in KARNATAKA - SHIMOGA - SAGAR - SAGAR LIC EC

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


IFSC Code

CORP0002142

MICR Code

577017403

Branch

SAGAR LIC EC

Contact

220900

Address

LIC BLDG. LIC COMPOUND B.H.ROAD SAGAR 577401

City

SAGAR

District

SHIMOGA

State

KARNATAKA





What is IFSC Code of CORPORATION BANK situated at SAGAR LIC EC- RTGS-HO?
IFSC Code of CORPORATION BANK situated at SAGAR LIC EC - RTGS-HO is

CORP0002142

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.