IFSC Code, MICR Codes for CORPORATION BANK in TAMIL NADU - CHENNAI - CHENNAI - CHENNAI INDIRA NAGAR

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


IFSC Code

CORP0000124

MICR Code

600017003

Branch

CHENNAI INDIRA NAGAR

Contact

24419083

Address

77 FIRST AVENUE INDIRA NAGAR ADYAR CHENNAI 600020

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





What is IFSC Code of CORPORATION BANK situated at CHENNAI INDIRA NAGAR- RTGS-HO?
IFSC Code of CORPORATION BANK situated at CHENNAI INDIRA NAGAR - RTGS-HO is

CORP0000124

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.