What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Andhra Bank Penuganchiprolu Krishna Branch IFSC/MICR Code Details
Bank Name ANDHRA BANK
Address DNO 15-52,SATRAM CENTRE,MAIN ROAD,PENUGANCHIPROLE MANDAL - 521190
State ANDHRA PRADESH
District KRISHNA
Branch PENUGANCHIPROLU
IFSC Code ANDB0002001
Branch Code 002001 (Last six characters of IFSC code represent Branch code.)
MICR Code 520011822
Contact Phone 0
via https://bankingzone.in/ifsc

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