IFSC Code, MICR Codes for CORPORATION BANK in TAMIL NADU - MADURAI - MADURAI - MADURAI WEST MASI STREET

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


IFSC Code

CORP0000161

MICR Code

625017002

Branch

MADURAI WEST MASI STREET

Contact

2346654

Address

49 IST FLOOR WEST MASI STREET MADURAI 625001

City

MADURAI

District

MADURAI

State

TAMIL NADU





What is IFSC Code of CORPORATION BANK situated at MADURAI WEST MASI STREET- RTGS-HO?
IFSC Code of CORPORATION BANK situated at MADURAI WEST MASI STREET - RTGS-HO is

CORP0000161

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.