CORPORATION BANK IFSC CODE SAHNEWAL LUDHIANA
| Bank Name |
CORPORATION BANK |
| State |
PUNJAB |
| District |
LUDHIANA |
| Branch |
SAHNEWAL |
| IFSC |
CORP0001630 used in NEFT and RTGS fund tramsfer
|
| MICR |
141017004
|
| Address |
SHOP NO.16,GRAIN MARKET,SAHNEWAL 141120 PUNJAB
|
| Contact |
2847001
|
CORPORATION BANK IFSC, MICR, Address in PUNJAB, LUDHIANA District, SAHNEWAL Branch
The Indian Financial System Code (IFSC) is an 11-digit alphanumeric code that uniquely identifies a bank branch participating in the National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) systems. It is assigned by the Reserve Bank of India (RBI) to every bank branch that handles these transactions.
What is the IFSC Code of CORPORATION BANK SAHNEWAL Branch?
The IFSC code of CORPORATION BANK SAHNEWAL Branch is CORP0001630. Here is the breakdown of the code:
- The first four characters (CORP) represent the bank code for CORPORATION BANK.
- The fifth character is always zero (0), reserved for future use.
- The last six characters (001630) identify the specific branch of the bank
How to Find the IFSC Code of CORPORATION BANK SAHNEWAL Branch?
There are several ways to find the IFSC code of CORPORATION BANK SAHNEWAL Branch:
- Visit the official website of CORPORATION BANK and search for the IFSC code using the branch locator tool.
- Check your CORPORATION BANK passbook or account statement, where the IFSC code of the branch is usually printed.
- Contact the customer care of CORPORATION BANK and ask for the IFSC code of the SAHNEWAL branch.
Why is the IFSC Code of CORPORATION BANK SAHNEWAL Branch Important?
The IFSC code of CORPORATION BANK SAHNEWAL Branch is crucial for making electronic fund transfers, including NEFT, RTGS, and IMPS. The code ensures that the funds are transferred to the correct branch of the bank and the right account holder. Without the IFSC code, the transaction may be delayed or even fail.
Frequently Asked Questions
Here are some frequently asked questions about the CORPORATION BANK SAHNEWAL branch IFSC code:
What is an IFSC code?
An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code that identifies a particular bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.
How many characters are there in the CORPORATION BANK SAHNEWAL branch IFSC code?
The CORPORATION BANK SAHNEWAL branch IFSC code consists of 11 characters
What is the format of the CORPORATION BANK SAHNEWAL branch IFSC code?
The format of the CORPORATION BANK SAHNEWAL branch IFSC code is as follows: CORPXXXXXXX, where the first four characters represent the bank code, the fifth character is a zero, and the last six characters identify the branch
Why is the CORPORATION BANK SAHNEWAL branch IFSC code important?
The CORPORATION BANK SAHNEWAL branch IFSC code is important because it is used to transfer funds between banks through the NEFT system. Without the correct IFSC code, your transaction may fail, and your funds may not reach the intended recipient
How can I find the CORPORATION BANK SAHNEWAL branch IFSC code?
You can find the CORPORATION BANK SAHNEWAL branch IFSC code on the official CORPORATION BANK website, on your bank account passbook, cheque book, or account statement
Can I transfer funds using the CORPORATION BANK SAHNEWAL branch IFSC code?
Yes, you can transfer funds using the CORPORATION BANK SAHNEWAL branch IFSC code through the NEFT system. You need to log in to your online banking account, select the NEFT transfer option, enter the beneficiary's details, including their bank account number and IFSC code, and authorize the transaction.
Is it safe to use the CORPORATION BANK SAHNEWAL branch IFSC code for online transactions?
Yes, it is safe to use the CORPORATION BANK SAHNEWAL branch IFSC code for online transactions. The NEFT system is a secure and reliable way to transfer funds between banks.
List of Other Branches of CORPORATION BANK, LUDHIANA District, PUNJAB