IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in KARNATAKA - DAKSHINA KANNADA - DAKSHINA KANNADA - MANGALORE

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


IFSC Code

SBHY0020803

MICR Code

575004002

Branch

MANGALORE

Contact

2427300

Address

K S RAO ROAD MANGALORE 575001

City

DAKSHINA KANNADA

District

DAKSHINA KANNADA

State

KARNATAKA





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

SBHY0020803

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.