IFSC Code, MICR Codes for ANDHRA BANK in KARNATAKA - RAICHUR - RAICHUR - RAICHUR

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


IFSC Code

ANDB0000491

MICR Code

584011002

Branch

RAICHUR

Contact

0

Address

ANDHRA BANK11-1-23 & 11-1-11SAATHKACHERIROADBASAVESHWARA CIRCLERAICHUR

City

RAICHUR

District

RAICHUR

State

KARNATAKA





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

ANDB0000491

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.