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

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


IFSC Code

SBHY0020982

MICR Code

509004425

Branch

RAICHUR ROAD

Contact

654322

Address

PLOT NO 718 AND 727 HANUMANPURA MAHABUBNAGAR 509001

City

MEHBOOBNAGAR

District

MEHBOOBNAGAR

State

ANDHRA PRADESH





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

SBHY0020982

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.