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

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


IFSC Code

SBHY0021824

MICR Code

NA

Branch

MAKKAPET

Contact

283900

Address

SRI SAI CENTURY HIGH SCHOLPENUGANCHIPRILU RDMAKKAPET VILLVATSAVAI MANDAL DIST KRISHNA 521190

City

MAKKAPET

District

KRISHNA

State

ANDHRA PRADESH





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

SBHY0021824

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.