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

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


IFSC Code

ALLA0210722

MICR Code

462010016

Branch

PHANDA

Contact

2853250

Address

PHANDA BRANCH VILL. & P.O. -PHANDA DIST.-BHOPALMADHYA PRADESH462030

City

PHANDA

District

BHOPAL

State

MADHYA PRADESH





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

ALLA0210722

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.