IFSC Code, MICR Codes for STATE BANK OF HYDERABAD in TELANGANA - NIZAMABAD - BANSWADA - CHAITANYA COLONY BANSWADA

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


IFSC Code

SBHY0021958

MICR Code

NA

Branch

CHAITANYA COLONY BANSWADA

Contact

8897640678

Address

H NO 5 1 61 2 OLD BANSWADA ROAD CHAITANYA COLONY BANSWADA NIZAMABAD TELANGANA 503187

City

BANSWADA

District

NIZAMABAD

State

TELANGANA





What is IFSC Code of STATE BANK OF HYDERABAD situated at CHAITANYA COLONY BANSWADA- RTGS-HO?
IFSC Code of STATE BANK OF HYDERABAD situated at CHAITANYA COLONY BANSWADA - RTGS-HO is

SBHY0021958

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.