IFSC Code, MICR Codes for ANDHRA BANK in TELANGANA - KARIMNAGAR - NIZAMABAD - VELKATUR

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


IFSC Code

ANDB0002466

MICR Code

NA

Branch

VELKATUR

Contact

243384

Address

VILLAGE DEVELOPMENT COMMITTEEVELKATUR VILLBALKOWDA MAIN ROADNIZAMABAD503219

City

NIZAMABAD

District

KARIMNAGAR

State

TELANGANA





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

ANDB0002466

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.