IFSC Code, MICR Codes for CORPORATION BANK in KARNATAKA - UTTAR KANNAD - BANAVASI - BANAVASI

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


IFSC Code

CORP0001319

MICR Code

581017525

Branch

BANAVASI

Contact

264111

Address

SIRSI ROAD OPP. INSPECTION BUNGLOW BANAVASI - 581 318

City

BANAVASI

District

UTTAR KANNAD

State

KARNATAKA





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

CORP0001319

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.