IFSC Code, MICR Codes for ANDHRA BANK in ANDHRA PRADESH - VISHAKAPATNAM - SIMHACHALAM - SIMHACHALAM

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


IFSC Code

ANDB0000508

MICR Code

530011013

Branch

SIMHACHALAM

Contact

0

Address

DOOR NO.11-30 SIMHACHALAM VISAKHAPATNAM DIST.AP530028

City

SIMHACHALAM

District

VISHAKAPATNAM

State

ANDHRA PRADESH





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

ANDB0000508

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.