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

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


IFSC Code

SBHY0021225

MICR Code

NA

Branch

CHOPDA

Contact

24501570

Address

GANDHI CHOWK CHOPRA JALGAON DISTRICT MAHARASTRA 425107

City

JALGAON

District

JALGAON

State

MAHARASHTRA





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

SBHY0021225

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.