Corporation Bank has 6 branches in Ludhiana like Samrala , Sahnewal , Ludhiana - Sec - 32 , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of Corporation Bank in Ludhiana

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Samrala Ward No.10, Chandigarh Road,Samrala,Ludhiana 141114 Punjab CORP0001789 Corporation Bank Samrala Ludhiana Punjab
Sahnewal Shop No.16,Grain Market,Sahnewal 141120 Punjab CORP0001630 Corporation Bank Sahnewal Ludhiana Punjab
Ludhiana - Sec - 32 Sco - 16, Sector - 32 - A,Chandigarh Road,Ludhiana - 141010 CORP0001259 141 017 003 Corporation Bank Ludhiana Ludhiana Punjab
Ludhiana Sco-34,Feroz Gandhi Market, Pakhowal Road,Ludhiana-141001 CORP0000480 Corporation Bank Ludhiana Ludhiana Punjab
Khanna Purewal Tower, Samrala Chowk, G T Road, Khanna,
Distt-Ludhiana, Punjab-141401
CORP0001176 Corporation Bank Khanna Ludhiana Punjab
Jagraon Moga Road,Jagraon,Dist Ludhiana- 142026, Punjab CORP0001877 Corporation Bank Jagraon Ludhiana Punjab

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.