IFSC Code, MICR Codes for ANDHRA BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - ROAD NO 14 BANJARAHILLS

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


IFSC Code

ANDB0001514

MICR Code

500011118

Branch

ROAD NO 14 BANJARAHILLS

Contact

0

Address

ROAD NO 14 BANJARAHILLS

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of ANDHRA BANK situated at ROAD NO 14 BANJARAHILLS- RTGS-HO?
IFSC Code of ANDHRA BANK situated at ROAD NO 14 BANJARAHILLS - RTGS-HO is

ANDB0001514

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.