IFSC Code, MICR Codes for ANDHRA BANK in ANDHRA PRADESH - NIZAMABAD - BALKONDA - BALKONDA

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


IFSC Code

ANDB0000737

MICR Code

503011625

Branch

BALKONDA

Contact

0

Address

ANDHRA BANKMAIN ROADBALKONDAPIN CODE- 503 217

City

BALKONDA

District

NIZAMABAD

State

ANDHRA PRADESH





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

ANDB0000737

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.