IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - KRISHNA - KRISHNA - CURRENCY NAGAR

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


IFSC Code

SBHY0021148

MICR Code

520004014

Branch

CURRENCY NAGAR

Contact

245212

Address

D NO 48169 BY 1 MAHANADU ROAD NAGARJUNA NAGAR NEAR CURRENCY NAGAR VIJAYAWADA 520008

City

KRISHNA

District

KRISHNA

State

ANDHRA PRADESH





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

SBHY0021148

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.