CORPORATION BANK IFSC Code – SAGAR LIC EC, SAGAR
Complete bank details including IFSC code, MICR code, address and payment facilities for SAGAR LIC EC branch.
Bank Details
| Bank Name | CORPORATION BANK |
| Branch Name | SAGAR LIC EC |
| IFSC Code | CORP0002142 |
| MICR Code | 577017403 |
| Address | LIC BLDG., LIC COMPOUND, B.H.ROAD, SAGAR 577401 |
| City | SAGAR |
| District | SHIMOGA |
| State | KARNATAKA |
| Contact | 220900 |
Payment Facilities
About IFSC Code CORP0002142
The IFSC code CORP0002142 uniquely identifies the SAGAR LIC EC branch of CORPORATION BANK located in SAGAR, 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 CORP0002142
- First 4 characters (CORP) – Represents CORPORATION BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (002142) – Unique branch identifier for SAGAR LIC EC
How to Use IFSC Code CORP0002142
To transfer money to any account at CORPORATION BANK SAGAR LIC EC branch, you will need to provide the IFSC code CORP0002142 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at SAGAR LIC EC
- 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 SAGAR LIC EC Branch
CORPORATION BANK SAGAR LIC EC is a branch of CORPORATION BANK located in SAGAR, KARNATAKA. The branch provides comprehensive banking services to customers in SAGAR and surrounding areas.
Branch Address
LIC BLDG., LIC COMPOUND, B.H.ROAD, SAGAR 577401, SAGAR, 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 577017403. 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 SAGAR LIC EC?
The IFSC code of CORPORATION BANK SAGAR LIC EC branch in SAGAR is CORP0002142.
What is the MICR code of CORPORATION BANK SAGAR LIC EC?
The MICR code of CORPORATION BANK SAGAR LIC EC branch is 577017403.
What is the address of CORPORATION BANK SAGAR LIC EC?
CORPORATION BANK SAGAR LIC EC branch is located at LIC BLDG., LIC COMPOUND, B.H.ROAD, SAGAR 577401.
Does CORPORATION BANK SAGAR LIC EC support NEFT/RTGS/IMPS?
CORPORATION BANK SAGAR LIC EC branch supports NEFT, RTGS, IMPS, and UPI transactions.