IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in MAHARASHTRA - NAGPUR - NAGPUR - POWER GRID CAMPUS

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


IFSC Code

SBHY0021034

MICR Code

440004888

Branch

POWER GRID CAMPUS

Contact

231799

Address

POWER GRID CORPORATION OF INDIA LTD CAMPUS SAMPRITI NAGAR NARI RING ROAD NAGPUR 440026

City

NAGPUR

District

NAGPUR

State

MAHARASHTRA





What is IFSC Code of STATE BANK OF HYDERABAD situated at POWER GRID CAMPUS- RTGS-HO?
IFSC Code of STATE BANK OF HYDERABAD situated at POWER GRID CAMPUS - RTGS-HO is

SBHY0021034

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.