IFSC Code, MICR Codes for CORPORATION BANK in PUNJAB - LUDHIANA - LUDHIANA - LUDHIANA SECTOR 32

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


IFSC Code

CORP0001259

MICR Code

141017003

Branch

LUDHIANA SECTOR 32

Contact

5212245

Address

SCO-16SECTOR-32ACHANDIGARH ROADLUDHIANAPUNJABPINCODE : 141001

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of CORPORATION BANK situated at LUDHIANA SECTOR 32- RTGS-HO?
IFSC Code of CORPORATION BANK situated at LUDHIANA SECTOR 32 - RTGS-HO is

CORP0001259

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.