CORPORATION BANK IFSC Code – VISAKHAPATNAM-MADURAVADA, VISAKHAPATNAM
Complete bank details including IFSC code, MICR code, address and payment facilities for VISAKHAPATNAM-MADURAVADA branch.
Bank Details
| Bank Name | CORPORATION BANK |
| Branch Name | VISAKHAPATNAM-MADURAVADA |
| IFSC Code | CORP0001224 |
| MICR Code | 530017005 |
| Address | D.NO.9-3, NH-5, VALLI NAGAR, MADURAVADA |
| City | VISAKHAPATNAM |
| District | VISHAKHAPATNAM |
| State | ANDHRA PRADESH |
| Contact | 2737395 |
Payment Facilities
About IFSC Code CORP0001224
The IFSC code CORP0001224 uniquely identifies the VISAKHAPATNAM-MADURAVADA branch of CORPORATION BANK located in VISAKHAPATNAM, ANDHRA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code CORP0001224
- First 4 characters (CORP) – Represents CORPORATION BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (001224) – Unique branch identifier for VISAKHAPATNAM-MADURAVADA
How to Use IFSC Code CORP0001224
To transfer money to any account at CORPORATION BANK VISAKHAPATNAM-MADURAVADA branch, you will need to provide the IFSC code CORP0001224 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at VISAKHAPATNAM-MADURAVADA
- 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 VISAKHAPATNAM-MADURAVADA Branch
CORPORATION BANK VISAKHAPATNAM-MADURAVADA is a branch of CORPORATION BANK located in VISAKHAPATNAM, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in VISAKHAPATNAM and surrounding areas.
Branch Address
D.NO.9-3, NH-5, VALLI NAGAR, MADURAVADA, VISAKHAPATNAM, ANDHRA PRADESH
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 530017005. 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 VISAKHAPATNAM-MADURAVADA?
The IFSC code of CORPORATION BANK VISAKHAPATNAM-MADURAVADA branch in VISAKHAPATNAM is CORP0001224.
What is the MICR code of CORPORATION BANK VISAKHAPATNAM-MADURAVADA?
The MICR code of CORPORATION BANK VISAKHAPATNAM-MADURAVADA branch is 530017005.
What is the address of CORPORATION BANK VISAKHAPATNAM-MADURAVADA?
CORPORATION BANK VISAKHAPATNAM-MADURAVADA branch is located at D.NO.9-3, NH-5, VALLI NAGAR, MADURAVADA.
Does CORPORATION BANK VISAKHAPATNAM-MADURAVADA support NEFT/RTGS/IMPS?
CORPORATION BANK VISAKHAPATNAM-MADURAVADA branch supports NEFT, RTGS, IMPS, and UPI transactions.