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

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


IFSC Code

SBHY0021607

MICR Code

NA

Branch

BUDHERA

Contact

27723042

Address

MUNIPALLY MANDAL BUDHERA 502345

City

BANGALORE RURAL

District

BANGALORE RURAL

State

KARNATAKA





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

SBHY0021607

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.