IFSC Code, MICR Codes for ANDHRA BANK in ANDHRA PRADESH - KARIM NAGAR - VEMULAWADA - VEMULAWADA

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


IFSC Code

ANDB0000623

MICR Code

505011504

Branch

VEMULAWADA

Contact

0

Address

7-1-58MAIN ROADVEMULAWADAKARIMNAGAR DISTA.P.

City

VEMULAWADA

District

KARIM NAGAR

State

ANDHRA PRADESH





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

ANDB0000623

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.