Corporation Bank IFSC Code MICR No Details for 12 Branches in Indore, Madhya Pradesh

 
 
 
 
List of Corporation Bank 12 Branches in Indore of Madhya Pradesh State
SNo BRANCH NAME BRANCH ADDRESS
1DHARAMPURIPLOT NO 142, OPP PETROL PUMP, VILLAGE DHARAMPURI, TEHSIL SANWER, DISTRICT INDORE-453551
2INDORE ANNAPURNA ROADPLOT NO 7 USHA NAGAR EXTN SUDAMA NAGAR ROAD
3INDORE BENGALI CHOURAHWIDE ROAD GOYAL NAGAR BENGALI CHOURAHA NEAR SHAKUNTALA DEVI NURSING HOME 452008
4INDORE MAIN63 M G ROAD, SINGAPORE MARKRT, INDORE-452001
5INDORE MINI CAPSMINI CAPS-INDORE, MINI CAPS-INDORE, REGAL SQUARE, INDORE
6INDORE SAPNA SANGEETA ROADPROFESSOR COLONY BHAWARKUAN SQUARE A B ROAD INDORE
7INDORE VIJAYNAGARPLOT NO 51 VIJAYNAGAR NEAR SATYA SA A B ROAD INDORE-452010 MADHYA PRADESH
8INDORE-NEW LOHA MANDIPLOT NO 75 A NEW LOHA MANDI SCHEME NO 78 I MAIN ROAD
9INDORE-NEW PALASIA-CPBB14/1, NEW PALASIA, KANIKA, INDORE, 452001
10INDORE-RATLAM KOTHI10 1 GROUND FLOOR RADHA KRISHNA COMPLEX GEETA BHAVAN SQUARE A B ROAD INDORE 452001
11KISHANGANJ-MHOWPLOT NO.1, CHINAR RESIDENCY, MEWARA GARDEN, A B ROAD, VILLAGE KISHANGANJ, TEH.-MHOW, DIST INDORE- 453446, MADHYA PRADESH
12KODARIYAMAIN ROAD KODARIYA, DISTRICT-INDORE (M.P)
What is IFSC Code of Corporation Bank in Indore, Madhya Pradesh ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of Corporation Bank is provided by RBI. Corporation Bank IFSC Code identifies branch which participate in online fund transfers. IFSC code Corporation Bank Branch is a unique code for branch. Corporation Bank IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)

What is SWIFT CODE of Corporation Bank in Indore, Madhya Pradesh ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same. The SWIFT code is 8 or 11 characters
Example: AAAAUK5CXXX
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code, optional ('XXX' for primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.


How to use Corporation Bank SWIFT, BIC Code in Indore, Madhya Pradesh
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. Corporation Bank SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code of Corporation Bank is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
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IFSC: Indian Financial System Code
BSR: Basic Statistical Return
BIC: Bank Identifier Code
MICR: Magnetic ink character recognition
NEFT: National Electronic Funds Transfer
RTGS: Real Time Gross Settlement
CIN: Challan Identification Number
SWIFT: Society for Worldwide Interbank Financial Telecommunication
How to use Corporation Bank IFSC Code in NEFT & RGTS Transfer at Indore, Madhya Pradesh
Real Time Gross Settlement (RTGS) & National Electronic Funds Transfer (NEFT) are a nation-wide online fund transfer system supported by RBI. RGTS & NEFT facilitates individuals (Saving Account), firms and corporate (Current Account) to transfer small and medium amount from any Corporation Bank branch to any individual Saving A/c, firm or corporate Current A/c having an account with any other Bank branch in the India. This information can also be used to do online Net banking, Electricity, Mobil, credit card Bill payments, health insurance premium payments, Flight, Bus and Train ticket booking, online shopping, loan emi payments, online Share equity Trading Fund Transfer, buying mutual funds, bonds, egold, Gold EFTs etc.

What is MICR No of Corporation Bank in Indore, Madhya Pradesh and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. Corporation Bank MICR No used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code Corporation Bank give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.