NORTH MALABAR GRAMIN BANK RTGS HO Branch in OLAYAMPADY - Address, IFSC, MICR Code
NORTH MALABAR GRAMIN BANK OLAYAMPADY BRANCH P O OLAYAMPADY- 670 306 KANNUR DISTRICT KERALA PH: 04985-251110City
What is IFSC Code of NORTH MALABAR GRAMIN BANK situated at OLAYAMPADY- RTGS-HO?
IFSC Code of NORTH MALABAR GRAMIN BANK situated at OLAYAMPADY - RTGS-HO is
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.