IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - HYDERABAD URBAN - HYDERABAD URBAN - COMMERCIAL BRANCH

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


IFSC Code

SBHY0020828

MICR Code

500004084

Branch

COMMERCIAL BRANCH

Contact

27841161

Address

11 16 20 SURYA TOWERS S P ROAD SECUNDERABAD

City

HYDERABAD URBAN

District

HYDERABAD URBAN

State

ANDHRA PRADESH





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

SBHY0020828

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.