IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - EAST GODAVARI - KAKINADA - SAMBAMURTHY NAGAR

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


IFSC Code

SBIN0016315

MICR Code

NA

Branch

SAMBAMURTHY NAGAR

Contact

0

Address

D.NO. 16 23 61 PALLAMRAJU NAGAR DAIRY FARM CENTRE KAKINADADIST EAST GODAVARI ANDHRA PRADESH. 533001

City

KAKINADA

District

EAST GODAVARI

State

ANDHRA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at SAMBAMURTHY NAGAR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at SAMBAMURTHY NAGAR - RTGS-HO is

SBIN0016315

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.