Latest details of City: Palakoderu
PALAKODERU BANK OF INDIA
PALAKODERU
DOOR NO 2 168 MAIN ROADPALAKODERU DIST WEST GODAVARI
8816248357
IFSC: BKID0008657
KONDEOUDI CANARA BANK
KONDEOUDI
D NO 1 - 245, KODEPUDI - 534 210, PALAKODERU MANDAI, W. G. DIST ANDHRA PRADESH
248777
IFSC: CNRB0004473
GOLLALAKODERU STATE BANK OF INDIA
GOLLALAKODERU
22PEDDAVEEDHI
9849211822
IFSC: SBIN0022057
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.
