IFSC Code, MICR Codes for CORPORATION BANK in PUNJAB - MUKTSAR - MUKTSAR - MUKTSAR

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


IFSC Code

CORP0001241

MICR Code

152017402

Branch

MUKTSAR

Contact

262806

Address

SCF35 NEW GRAIN MARKET MUKTSAR DIST - MUKTSAR PUNJAB - 152026

City

MUKTSAR

District

MUKTSAR

State

PUNJAB





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

CORP0001241

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.