IFSC Code, MICR Codes for CORPORATION BANK in TAMIL NADU - MADURAI - MADURAI - SME MADURAI

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


IFSC Code

CORP0001197

MICR Code

625017007

Branch

SME MADURAI

Contact

2588258

Address

11 GROUND FLOORARULMALAR CONVENT ROADKK NAGAR MADURAI625 020

City

MADURAI

District

MADURAI

State

TAMIL NADU





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

CORP0001197

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.