IFSC Code, MICR Codes for ALLAHABAD BANK in BIHAR - NALANDA - KARAI PARASURAI - KARAI PARSURAI

ALLAHABAD BANK RTGS HO Branch in KARAI PARASURAI - Address, IFSC, MICR Code


IFSC Code

ALLA0210849

MICR Code

803010505

Branch

KARAI PARSURAI

Contact

0

Address

VILL. & P.O. KARAI PARASURAI DIST -NALANDA - 801304

City

KARAI PARASURAI

District

NALANDA

State

BIHAR





What is IFSC Code of ALLAHABAD BANK situated at KARAI PARSURAI- RTGS-HO?
IFSC Code of ALLAHABAD BANK situated at KARAI PARSURAI - RTGS-HO is

ALLA0210849

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.