IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in KARNATAKA - BANGLORE - BANGLORE - KORAMANGALA

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


IFSC Code

SBHY0021854

MICR Code

560004037

Branch

KORAMANGALA

Contact

25539119

Address

DOOR NO.327TH CROSS 6TH BLOCKKORAMANGALABANGALURU URBAN DIST 560095

City

BANGLORE

District

BANGLORE

State

KARNATAKA





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

SBHY0021854

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.