IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in MAHARASHTRA - HINGOLI - HINGOLI - BASAMBA

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


IFSC Code

SBHY0020652

MICR Code

413004493

Branch

BASAMBA

Contact

224551

Address

BASAMBATEH.KALAMNURI431513

City

HINGOLI

District

HINGOLI

State

MAHARASHTRA





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

SBHY0020652

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.