Latest details of Branch: Koratla
KORATLA STATE BANK OF INDIA
KORATLA
D.NO.1 4 238, MAIN ROAD, KORATLA, DIST KARIMNAGAR, ANDHRA PRADESH 505 326.
IFSC: SBIN0015975
KORATLA STATE BANK OF INDIA
KORATLA
OLIMGDISIC
252035
IFSC: SBIN0020137
KORATLA UNION BANK OF INDIA
KORATLA
MAMATA COMPLEX, 1ST FLOOR,2-6-269, MAIN ROAD, KORATLA - 505 326, KARIMNAGAR DIST., ANDHRA PRADESH.
252047
IFSC: UBIN0532819
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
