IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - JAGATSINGHPUR - JAGATSINGHPUR - PARADEEP

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


IFSC Code

SBHY0021212

MICR Code

754004998

Branch

PARADEEP

Contact

248225

Address

PLOT NO 447 BY 30NIGAM NIVAS BIJAYCHANDRAPURIFFCO CHOWK JAGATSINGHPUR DISTPARADEEPORISSA 754142

City

JAGATSINGHPUR

District

JAGATSINGHPUR

State

ANDHRA PRADESH





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

SBHY0021212

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.