IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in KARNATAKA - GULBARGA - GULBARGA - RAMASAMUDRA

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


IFSC Code

SBHY0021629

MICR Code

NA

Branch

RAMASAMUDRA

Contact

217350

Address

3208MAIN ROADRAMASAMUDRA 585321 DIST YADGIR

City

GULBARGA

District

GULBARGA

State

KARNATAKA





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

SBHY0021629

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.