IFSC Code, MICR Codes for ANDHRA BANK in MAHARASHTRA - SATARA - KARAD - KARAD

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


IFSC Code

ANDB0002614

MICR Code

415011312

Branch

KARAD

Contact

221125

Address

MANORATH COMPLEX SHANIWAD PATH NEAR CITY POLICE STATION KARAD

City

KARAD

District

SATARA

State

MAHARASHTRA





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

ANDB0002614

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.