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

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


IFSC Code

ANDB0000589

MICR Code

507011685

Branch

VINAYAKAPURAM

Contact

0

Address

VINAYAKPURAN(ASUPAKA) VIA ASHWAROAPET VINAYAKPURAM 507301

City

VINAYAKAPURAM

District

KHAMMAM

State

ANDHRA PRADESH





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

ANDB0000589

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.