IFSC Code, MICR Codes for ALLAHABAD BANK in MADHYA PRADESH - BHOPAL - BHOPAL - ROYAL MARKET

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


IFSC Code

ALLA0210517

MICR Code

800010012

Branch

ROYAL MARKET

Contact

2540531

Address

ROYAL MARKET SULTANIA ROAD DIST. BHOPAL MADHYA PRADESH 462001

City

BHOPAL

District

BHOPAL

State

MADHYA PRADESH





What is IFSC Code of ALLAHABAD BANK situated at ROYAL MARKET- RTGS-HO?
IFSC Code of ALLAHABAD BANK situated at ROYAL MARKET - RTGS-HO is

ALLA0210517

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.