Corporation Bank has 8 branches in Salem like Vembadithalam , V.Koottu Road (Melnariapp , Semmandapatti , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.
| Branch Name | Branch Address | IFSC Code | MICR Code | Bank | City | District | State |
|---|---|---|---|---|---|---|---|
| Vembadithalam | 4/42,Main Rd,Pb.No.14,Vembadithalam,637504 | CORP0000243 | 636017005 | Corporation Bank | Vembadithalam | Salem | Tamil Nadu |
| V.Koottu Road (Melnariapp | V Kootu Road,Vai Thalai Vasal,Melnariappanur, P.O.Sheep Farm,636112 |
CORP0000365 | Corporation Bank | Melnariappanur | Salem | Tamil Nadu | |
| Semmandapatti | Main Bus Stop Door No 2/6-60C5, Chinna Thirupathi Road, Semmandapatti-636309, Tamilnadu |
CORP0001846 | Corporation Bank | Semmandapatti | Salem | Tamil Nadu | |
| Salem-Shevapet | Divya Towers I Floor, Fort Main Rd, Salem-636 012 | CORP0000015 | 636017002 | Corporation Bank | Salem | Salem | Tamil Nadu |
| Salem Town | Corporation Bank Bldg, Car St,Salem-636 001 | CORP0000029 | 636017003 | Corporation Bank | Salem | Salem | Tamil Nadu |
| Naduvaneri | Kakkapalayam Main Road,Naduvaneri,Sankari Taluk,Salem 637504 Tamilnadu |
CORP0001683 | Corporation Bank | Sankari | Salem | Tamil Nadu | |
| Kudamalai | Main Rd,Kudamalai,.Attur,636105 | CORP0000416 | Corporation Bank | Kudamalai | Salem | Tamil Nadu | |
| Alagapuram | Opp.New Bus Stand,,Alagapuram,636004 | CORP0000498 | 636017004 | Corporation Bank | Salem | Salem | Tamil Nadu |
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.
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.
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.