IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - HYDERABAD URBAN - HYDERABAD URBAN - ANAND NAGAR HYDERABAD

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


IFSC Code

SBHY0020318

MICR Code

500004003

Branch

ANAND NAGAR HYDERABAD

Contact

23322062

Address

6-3-609 BY 191ANANDNAGARKHAIRATABADHYDERABAD 500004

City

HYDERABAD URBAN

District

HYDERABAD URBAN

State

ANDHRA PRADESH





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

SBHY0020318

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.