IFSC Code, MICR Codes for ANDHRA BANK in ANDHRA PRADESH - ADILABAD - BASARA - BASARA

ANDHRA BANK RTGS HO Branch in BASARA - Address, IFSC, MICR Code


IFSC Code

ANDB0001485

MICR Code

504011502

Branch

BASARA

Contact

0

Address

ANDHRA BANK BASARATEMPLE STREET BASARAADILABAD PIN 504104

City

BASARA

District

ADILABAD

State

ANDHRA PRADESH





What is IFSC Code of ANDHRA BANK situated at BASARA- RTGS-HO?
IFSC Code of ANDHRA BANK situated at BASARA - RTGS-HO is

ANDB0001485

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.