IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - KURNOOL - KURNOOL - NANDIKOTKUR

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


IFSC Code

SBHY0020770

MICR Code

518004401

Branch

NANDIKOTKUR

Contact

280649

Address

12 BY 119 IST FLOOR PATEL CENTRE K G ROAD NANDIKOTKUR 518401

City

KURNOOL

District

KURNOOL

State

ANDHRA PRADESH





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

SBHY0020770

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.