IFSC Code, MICR Codes for CORPORATION BANK in PUNJAB - RUPNAGAR - KHARAR - KHARAR

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


IFSC Code

CORP0001794

MICR Code

160017016

Branch

KHARAR

Contact

2280041

Address

OPPOSITE DUSSHERA GROUNDKHARAR TOWN ROAD/ARYA ROADKHARARMOHALI 140301 PUNJAB

City

KHARAR

District

RUPNAGAR

State

PUNJAB





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

CORP0001794

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.