IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - EAST GODAVARI - AMALAPURAM - NTR MARG AMALAPURAM

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


IFSC Code

SBIN0011109

MICR Code

533002052

Branch

NTR MARG AMALAPURAM

Contact

0

Address

ANDRAPRADESHSTATE

City

AMALAPURAM

District

EAST GODAVARI

State

ANDHRA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at NTR MARG AMALAPURAM- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at NTR MARG AMALAPURAM - RTGS-HO is

SBIN0011109

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.