IFSC Code, MICR Codes for ANDHRA BANK in GOA - SOUTH GOA - MARGAO BRANCH - MARGAO BRANCH

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


IFSC Code

ANDB0001087

MICR Code

403011003

Branch

MARGAO BRANCH

Contact

0

Address

SHOP NO: UGSH 1 TO 5 SWEET HOME SYMPHONYNEAR RAILWAY FLY OVER N H -17

City

MARGAO BRANCH

District

SOUTH GOA

State

GOA





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

ANDB0001087

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.