IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - HYDERABAD - HYDERABAD - SAIRAMNAGAR COLONY

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


IFSC Code

SBHY0021458

MICR Code

NA

Branch

SAIRAMNAGAR COLONY

Contact

24074121

Address

NO 8 2 36BY1BYRBY2 NEAR MARUTHI NAGAR KHARMANGHAT HYDERABAD 500079

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





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

SBHY0021458

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.