IFSC Code, MICR Codes for ANDHRA BANK in ANDHRA PRADESH - MEDAK - NANGUNUR - NANGUNUR

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


IFSC Code

ANDB0000874

MICR Code

502011703

Branch

NANGUNUR

Contact

0

Address

NANGUNURSIDDIPET TQMEDAK DISTAP

City

NANGUNUR

District

MEDAK

State

ANDHRA PRADESH





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

ANDB0000874

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.