IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ODISHA - GANJAM - GANJAM - BERHAMPUR

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


IFSC Code

SBHY0020602

MICR Code

760004002

Branch

BERHAMPUR

Contact

2204930

Address

2 BY 20HILL PATNABERHAMPURTEH.BERHAMPUR700005

City

GANJAM

District

GANJAM

State

ODISHA





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

SBHY0020602

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.