IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in MADHYA PRADESH - GWALIOR - GWALIOR - GWALIOR

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


IFSC Code

SBHY0020855

MICR Code

474004001

Branch

GWALIOR

Contact

2230075

Address

MAYUR MARKET THATIPUR GWALIOR

City

GWALIOR

District

GWALIOR

State

MADHYA PRADESH





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

SBHY0020855

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.