IFSC Code, MICR Codes for ANDHRA BANK in ANDHRA PRADESH - MAHBUBNAGAR - RAJOLI - RAJOLI

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


IFSC Code

ANDB0000930

MICR Code

509011743

Branch

RAJOLI

Contact

0

Address

MAIN ROADRAJOLIATMAKUR TQMAHABUB NAGAR DIST

City

RAJOLI

District

MAHBUBNAGAR

State

ANDHRA PRADESH





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

ANDB0000930

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.