IFSC Code, MICR Codes for CORPORATION BANK in TAMIL NADU - SALEM - VEMBADITHALAM - VEMBADITHALAM

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


IFSC Code

CORP0000243

MICR Code

636017005

Branch

VEMBADITHALAM

Contact

2496202

Address

4/42 MAIN ROAD PB NO.14 VEMBADITHALAM 637504

City

VEMBADITHALAM

District

SALEM

State

TAMIL NADU





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

CORP0000243

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.