IFSC Code, MICR Codes for CORPORATION BANK in MAHARASHTRA - GREATER BOMBAY - MUMBAI - WADALA MUMBAI

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


IFSC Code

CORP0000106

MICR Code

400017020

Branch

WADALA MUMBAI

Contact

24166792

Address

CORPORATION BANKKATRAK ROAD WADALA MUMBAI-28

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

CORP0000106

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.