IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - EAST GODAVARI - EAST GODAVARI - KOTAGUMMAM

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


IFSC Code

SBHY0021002

MICR Code

533004125

Branch

KOTAGUMMAM

Contact

2460475

Address

OPP. ROYAL MOSQUE MAIN ROAD RAJAHMUNDRY 533101

City

EAST GODAVARI

District

EAST GODAVARI

State

ANDHRA PRADESH





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

SBHY0021002

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.