IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ANDHRA PRADESH - WARANGAL - WARANGAL - RAIPARTHY

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


IFSC Code

SBHY0020475

MICR Code

506004314

Branch

RAIPARTHY

Contact

251061

Address

RAIPARTHY TEH WARDHANNAPET

City

WARANGAL

District

WARANGAL

State

ANDHRA PRADESH





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

SBHY0020475

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.