IFSC Code, MICR Codes for CORPORATION BANK in MADHYA PRADESH - SAGAR - SAGAR - SAGAR (MP)

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


IFSC Code

CORP0001105

MICR Code

NA

Branch

SAGAR (MP)

Contact

227188

Address

93 WARD NO 2CIVIL LINES GOPAL GUNJ ROADSAGARMADHYA PRADESH

City

SAGAR

District

SAGAR

State

MADHYA PRADESH





What is IFSC Code of CORPORATION BANK situated at SAGAR (MP)- RTGS-HO?
IFSC Code of CORPORATION BANK situated at SAGAR (MP) - RTGS-HO is

CORP0001105

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.