IFSC Code, MICR Codes for CORPORATION BANK in MAHARASHTRA - NANDED - NANDED - NANDED

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


IFSC Code

CORP0001028

MICR Code

431017101

Branch

NANDED

Contact

251120

Address

NO.1-17-1427 VISHWA NAGARV I P ROADNANDED

City

NANDED

District

NANDED

State

MAHARASHTRA





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

CORP0001028

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.