ANDHRA BANK RTGS HO Branch in ACHANTA - Address, IFSC, MICR Code
11-57/104 MAIN ROAD ACHANTA-534123City
What is IFSC Code of ANDHRA BANK situated at ACHANTA- RTGS-HO?
IFSC Code of ANDHRA BANK situated at ACHANTA - RTGS-HO is
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.