IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - PRAKASAM - PRAKASAM - KANDUKUR

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


IFSC Code

SBHY0020774

MICR Code

523004756

Branch

KANDUKUR

Contact

223321

Address

O V MAIN ROAD OPP RURAL POLICE STN KANDUKUR 523105

City

PRAKASAM

District

PRAKASAM

State

ANDHRA PRADESH





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

SBHY0020774

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.