IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in PUNJAB - LUDHIANA - LUDHIANA - SSI BRANCH LUDHIANA

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


IFSC Code

SBHY0020823

MICR Code

141004002

Branch

SSI BRANCH LUDHIANA

Contact

2545664

Address

B 15 BY 179 MILLER GANJ G T ROAD NIRANKARI KUCHA NO 4 LUDHIANA 3

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of STATE BANK OF HYDERABAD situated at SSI BRANCH LUDHIANA- RTGS-HO?
IFSC Code of STATE BANK OF HYDERABAD situated at SSI BRANCH LUDHIANA - RTGS-HO is

SBHY0020823

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.