IFSC Code, MICR Codes for ANDHRA BANK in KARNATAKA - BANGALORE URBAN - BANASANKARI - BANASANKARI

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


IFSC Code

ANDB0001582

MICR Code

560011032

Branch

BANASANKARI

Contact

0

Address

569 HOSAKEREHALLI MAIN ROAD BANASHANKARI 3RD STAGE 2ND PHASE 6TH BLOCK BANGALORE -560085.

City

BANASANKARI

District

BANGALORE URBAN

State

KARNATAKA





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

ANDB0001582

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.