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

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


IFSC Code

CORP0001630

MICR Code

141017004

Branch

SAHNEWAL

Contact

2847001

Address

SHOP NO.16GRAIN MARKETSAHNEWAL 141120 PUNJAB

City

SAHNEWAL

District

LUDHIANA

State

PUNJAB





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

CORP0001630

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.