Coastal Local Area Bank IFSC Code COAS0000001

Coastal Local Area Bank – Coastal Local Area Bank IMPS

IFSC Code: COAS0000001

MICR Code: 520652002

Branch: Coastal Local Area Bank IMPS

Bank: Coastal Local Area Bank

Address: D.NO.59-12-6,GRACE LINE, GHANTASALAVARI STREET, GAYATRI NAGAR, NEAR BENZ CIRCLE

District: KRISHNA

State: MAHARASHTRA

Contact: +918662494426

Indian Financial System Code (IFSC): COAS0000001

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 000001. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 520652002

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.