IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDAMAN AND NICOBAR ISLAND - ANDAMAN - HUTBAY - HUT BAY

STATE BANK OF INDIA RTGS HO Branch in HUTBAY - Address, IFSC, MICR Code


IFSC Code

SBIN0005543

MICR Code

744002016

Branch

HUT BAY

Contact

0

Address

LITTLE ANDAMANDISTT ANDAMANANDAMAN AND NICOBAR ISLANDS PIN 744207

City

HUTBAY

District

ANDAMAN

State

ANDAMAN AND NICOBAR ISLAND





What is IFSC Code of STATE BANK OF INDIA situated at HUT BAY- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at HUT BAY - RTGS-HO is

SBIN0005543

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.