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

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


IFSC Code

CORP0000767

MICR Code

600017017

Branch

CHENNAI TEYNAMPET

Contact

22830141

Address

CORPORATION BANK MIDLAND INSURANCE BLDG 586 TEYNAMPET ANNA SALAI CHENNAI 600018

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

CORP0000767

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.