IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - ADILABAD - ADILABAD - BHEEMARAM

STATE BANK OF HYDERABAD RTGS HO Branch in ADILABAD - Address, IFSC, MICR Code


IFSC Code

SBHY0020494

MICR Code

504004304

Branch

BHEEMARAM

Contact

246100

Address

MAIN ROAD BHEEMARAM TEH CHINNOOR 504204

City

ADILABAD

District

ADILABAD

State

ANDHRA PRADESH





What is IFSC Code of STATE BANK OF HYDERABAD situated at BHEEMARAM- RTGS-HO?
IFSC Code of STATE BANK OF HYDERABAD situated at BHEEMARAM - RTGS-HO is

SBHY0020494

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.