IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in MAHARASHTRA - GREATER BOMBAY - GREATER BOMBAY - NEW PANVEL

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


IFSC Code

SBHY0020888

MICR Code

400004022

Branch

NEW PANVEL

Contact

27464808

Address

OFFICE NO 1 6 1ST FLOOR NEEL GAGAN PLOT 102 SECTOR 1 BY 5 NEW PANVEL EAST

City

GREATER BOMBAY

District

GREATER BOMBAY

State

MAHARASHTRA





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

SBHY0020888

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.