Andhra Pradesh State Co-operative Bank – PALAKOL
IFSC Code: APBL0005024
Branch: PALAKOL
Bank: Andhra Pradesh State Co-operative Bank
Address: MATTAM STREET, PALACOLE
District: ELURU
State: ANDHRA PRADESH
Contact: +918819246147
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Andhra Pradesh State Co-operative Bank PALAKOL
Indian Financial System Code (IFSC): APBL0005024
The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).
- The first four characters represent the bank name.
- The fifth character is always ‘0’ and is reserved for future use.
- Branch Code 005024. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 534837762
The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.
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