IFSC Code, MICR Codes for NORTH MALABAR GRAMIN BANK in KERALA - KOTTAYAM - PALAI - PALAI

NORTH MALABAR GRAMIN BANK RTGS HO Branch in PALAI - Address, IFSC, MICR Code


IFSC Code

NMGB0000134

MICR Code

Branch

PALAI

Contact

04822 - 200833

Address

NORTH MALABAR GRAMIN BANK PALAI

City

PALAI

District

KOTTAYAM

State

KERALA





What is IFSC Code of NORTH MALABAR GRAMIN BANK situated at PALAI- RTGS-HO?
IFSC Code of NORTH MALABAR GRAMIN BANK situated at PALAI - RTGS-HO is

NMGB0000134

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.