IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in KARNATAKA - GADAK - GADAK - GADAG

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


IFSC Code

SBHY0020904

MICR Code

582004501

Branch

GADAG

Contact

238090

Address

S P COMPLEX J T MATH RD GADAG 582101

City

GADAK

District

GADAK

State

KARNATAKA





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

SBHY0020904

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.