IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in MAHARASHTRA - GREATER BOMBAY - GREATER BOMBAY - FORT BR

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


IFSC Code

SBHY0020634

MICR Code

400004014

Branch

FORT BR

Contact

22670367

Address

NEW INDIA ASSURANCE BLDG.87M.G. RDMUMBAI 23

City

GREATER BOMBAY

District

GREATER BOMBAY

State

MAHARASHTRA





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

SBHY0020634

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.