IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in KARNATAKA - BANGALORE URBAN - BANGALORE - VASANTH NAGAR BANGALORE

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


IFSC Code

SBHY0021882

MICR Code

560004042

Branch

VASANTH NAGAR BANGALORE

Contact

22340005

Address

NO 17 VASANTH NAGAR MAIN ROAD BANGALORE - 560052

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





What is IFSC Code of STATE BANK OF HYDERABAD situated at VASANTH NAGAR BANGALORE- RTGS-HO?
IFSC Code of STATE BANK OF HYDERABAD situated at VASANTH NAGAR BANGALORE - RTGS-HO is

SBHY0021882

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.