IFSC Code, MICR Codes for CORPORATION BANK in TAMIL NADU - CHENNAI - CHENNAI - CHENNAI ASHOKNAGAR PBB

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


IFSC Code

CORP0000578

MICR Code

600017014

Branch

CHENNAI ASHOKNAGAR PBB

Contact

23718686

Address

58 NO.1 AVENUE ASHOK NAGAR CHENNAI 600083

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





What is IFSC Code of CORPORATION BANK situated at CHENNAI ASHOKNAGAR PBB- RTGS-HO?
IFSC Code of CORPORATION BANK situated at CHENNAI ASHOKNAGAR PBB - RTGS-HO is

CORP0000578

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.