IFSC Code, MICR Codes for CORPORATION BANK in TAMIL NADU - NAMAKKAL - KOMARAPALAYAM - KOMARPALAYAM

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


IFSC Code

CORP0000876

MICR Code

638017004

Branch

KOMARPALAYAM

Contact

294005

Address

3/11 NH 47 SALEM MAIN ROAD VALAYAKARANUR KOMARPALAYAM 638183

City

KOMARAPALAYAM

District

NAMAKKAL

State

TAMIL NADU





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

CORP0000876

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.