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

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


IFSC Code

CORP0002085

MICR Code

600017020

Branch

CHENNAI LSI EC

Contact

24869204

Address

100-A RADHA AVENUE SRI LAKSHMI NAGAR VALASARAVAKKAM CHENNAI 600087

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

CORP0002085

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.