CORPORATION BANK IFSC Code – MAGADI, MAGADI
Complete bank details including IFSC code, MICR code, address and payment facilities for MAGADI branch.
Bank Details
| Bank Name | CORPORATION BANK |
| Branch Name | MAGADI |
| IFSC Code | CORP0001194 |
| MICR Code | 560017092 |
| Address | #999/933, PATEL SUBBAIAH ROAD, MAGADI?? TOWN, RAMANAGARA?? DISTRICT, PIN?? 562120, KARNATAKA |
| City | MAGADI |
| District | BANGALORE RURAL |
| State | KARNATAKA |
| Contact | 27745786 |
Payment Facilities
About IFSC Code CORP0001194
The IFSC code CORP0001194 uniquely identifies the MAGADI branch of CORPORATION BANK located in MAGADI, KARNATAKA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code CORP0001194
- First 4 characters (CORP) – Represents CORPORATION BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (001194) – Unique branch identifier for MAGADI
How to Use IFSC Code CORP0001194
To transfer money to any account at CORPORATION BANK MAGADI branch, you will need to provide the IFSC code CORP0001194 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MAGADI
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About CORPORATION BANK MAGADI Branch
CORPORATION BANK MAGADI is a branch of CORPORATION BANK located in MAGADI, KARNATAKA. The branch provides comprehensive banking services to customers in MAGADI and surrounding areas.
Branch Address
#999/933, PATEL SUBBAIAH ROAD, MAGADI?? TOWN, RAMANAGARA?? DISTRICT, PIN?? 562120, KARNATAKA, MAGADI, KARNATAKA
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 560017092. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of CORPORATION BANK MAGADI?
The IFSC code of CORPORATION BANK MAGADI branch in MAGADI is CORP0001194.
What is the MICR code of CORPORATION BANK MAGADI?
The MICR code of CORPORATION BANK MAGADI branch is 560017092.
What is the address of CORPORATION BANK MAGADI?
CORPORATION BANK MAGADI branch is located at #999/933, PATEL SUBBAIAH ROAD, MAGADI?? TOWN, RAMANAGARA?? DISTRICT, PIN?? 562120, KARNATAKA.
Does CORPORATION BANK MAGADI support NEFT/RTGS/IMPS?
CORPORATION BANK MAGADI branch supports NEFT, RTGS, IMPS, and UPI transactions.