IFSC Code, MICR Codes for ANDHRA BANK in ANDHRA PRADESH - KHAMMAM - KTPS PALAVANCHA - KTPS PALAVANCHA

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


IFSC Code

ANDB0001549

MICR Code

507011544

Branch

KTPS PALAVANCHA

Contact

0

Address

KTPS PALAVANCHA KHAMMAM DT

City

KTPS PALAVANCHA

District

KHAMMAM

State

ANDHRA PRADESH





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

ANDB0001549

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.