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

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


IFSC Code

CORP0001379

MICR Code

641017016

Branch

SOMANUR

Contact

2334454

Address

DOOR NO 16/73G-1SOMANUR ROAD KARUMATHAMPATTI COIMBATORE - 641659

City

SOMANUR

District

COIMBATORE

State

TAMIL NADU





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

CORP0001379

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.