IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - VISHAKHAPATNAM - VISHAKHAPATNAM - YELAMANCHILI

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


IFSC Code

SBHY0021287

MICR Code

531004995

Branch

YELAMANCHILI

Contact

284999

Address

H NO. 7 8 7K P S MARKET COMPLEX NEAR TULASI CINEMA HALL VISAKHAPATNAM DISTRICT 531055

City

VISHAKHAPATNAM

District

VISHAKHAPATNAM

State

ANDHRA PRADESH





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

SBHY0021287

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.