IFSC Code, MICR Codes for CORPORATION BANK in TAMIL NADU - COIMBATORE - COIMBATORE - CAPS COIMBATORE

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


IFSC Code

CORP0000518

MICR Code

NA

Branch

CAPS COIMBATORE

Contact

2302789

Address

1604 TRICHY ROAD COIMBATORE 641018

City

COIMBATORE

District

COIMBATORE

State

TAMIL NADU





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

CORP0000518

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.