IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in KARNATAKA - BANGALORE RURAL - BANGALORE RURAL - DABAPET BRANCH

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


IFSC Code

SBHY0021507

MICR Code

NA

Branch

DABAPET BRANCH

Contact

27735236

Address

1ST FLR MARUTHI COMPLEX MADHUGIRI RD TQ NELMANGALA DIST BANGALORE RURAL KARNATAKA

City

BANGALORE RURAL

District

BANGALORE RURAL

State

KARNATAKA





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

SBHY0021507

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.