IFSC Code, MICR Codes for ANDHRA BANK in TELANGANA - NALGONDA - ALER - ALER

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


IFSC Code

ANDB0002475

MICR Code

NA

Branch

ALER

Contact

281141

Address

14 171BESIDE BUS STANDALER508101

City

ALER

District

NALGONDA

State

TELANGANA





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

ANDB0002475

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.