IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - MEHBOOBNAGAR - MEHBOOBNAGAR - KOLLUR

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


IFSC Code

SBHY0020557

MICR Code

509004202

Branch

KOLLUR

Contact

254828

Address

MAIN RD KOLLUR TEH SHADNAGAR 509202

City

MEHBOOBNAGAR

District

MEHBOOBNAGAR

State

ANDHRA PRADESH





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

SBHY0020557

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.