IFSC Code, MICR Codes for RESERVE BANK OF INDIA in KARNATAKA - BENGALURU - BENGALURU - SAMADHAN HR OPERATIONS UNIT

RESERVE BANK OF INDIA RTGS HO Branch in BENGALURU - Address, IFSC, MICR Code


IFSC Code

RBIS0SAMADN

MICR Code

NA

Branch

SAMADHAN HR OPERATIONS UNIT

Contact

22180100

Address

RESERVE BANK OF INDIA BENGALURU

City

BENGALURU

District

BENGALURU

State

KARNATAKA





What is IFSC Code of RESERVE BANK OF INDIA situated at SAMADHAN HR OPERATIONS UNIT- RTGS-HO?
IFSC Code of RESERVE BANK OF INDIA situated at SAMADHAN HR OPERATIONS UNIT - RTGS-HO is

RBIS0SAMADN

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.