IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - ANANTPUR - ANANTPUR - HINDUPUR

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


IFSC Code

SBHY0020858

MICR Code

515004905

Branch

HINDUPUR

Contact

222511

Address

17 3 634 BY A PENUKONDA ROAD HINDUPUR 515201

City

ANANTPUR

District

ANANTPUR

State

ANDHRA PRADESH





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

SBHY0020858

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.