IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - KARIM NAGAR - KARIM NAGAR - RAMAGUNDEM

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


IFSC Code

SBHY0020139

MICR Code

505004641

Branch

RAMAGUNDEM

Contact

255236

Address

MASJIT RDRAMAGUNDEM KARIMNAAGAR DIST

City

KARIM NAGAR

District

KARIM NAGAR

State

ANDHRA PRADESH





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

SBHY0020139

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.