IFSC Code, MICR Codes for ANDHRA BANK in ANDHRA PRADESH - EAST GODAVARI - VELANGI - VELANGI

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


IFSC Code

ANDB0000601

MICR Code

533011727

Branch

VELANGI

Contact

0

Address

D NO 3-60NITYANADAPURAMKURADA ROADVELANGI KARAPA MANDAL EAST GODAVARI

City

VELANGI

District

EAST GODAVARI

State

ANDHRA PRADESH





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

ANDB0000601

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.