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

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


IFSC Code

SBHY0020800

MICR Code

425004901

Branch

JALGAON

Contact

2222798

Address

DOOR NO 6 BALIRAMPETHJALGAONJALGAONTEH.JALGAON

City

JALGAON

District

JALGAON

State

MAHARASHTRA





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

SBHY0020800

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.