IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in ODISHA - KHURDA - KHURDA - JAGAMARA

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


IFSC Code

SBHY0020725

MICR Code

751004004

Branch

JAGAMARA

Contact

2350661

Address

PLOT NO.287JAGAMARABHUBANESWAR-751009

City

KHURDA

District

KHURDA

State

ODISHA





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

SBHY0020725

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.