IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in MAHARASHTRA - AURANGABAD - AURANGABAD - OAD ZO AURANGABAD

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


IFSC Code

SBHY0020418

MICR Code

431004123

Branch

OAD ZO AURANGABAD

Contact

2487401

Address

PLOT NO 1CIDCO TOWN CENTRE 431003

City

AURANGABAD

District

AURANGABAD

State

MAHARASHTRA





What is IFSC Code of STATE BANK OF HYDERABAD situated at OAD ZO AURANGABAD- RTGS-HO?
IFSC Code of STATE BANK OF HYDERABAD situated at OAD ZO AURANGABAD - RTGS-HO is

SBHY0020418

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.