IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - EAST GODAVARI - RAJAHUMUNDRY - ALCOT GARDENS RAJAHMUNDRY

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


IFSC Code

SBIN0016313

MICR Code

NA

Branch

ALCOT GARDENS RAJAHMUNDRY

Contact

0

Address

ALCOT GARDENS RAJAHMUNDRY C/O D.NO 36 7 6STADIUM ROADINNESPETA RAJAHMUNDRYDIST.EAST GODAVARI ANDHRA PRADESH. 533101

City

RAJAHUMUNDRY

District

EAST GODAVARI

State

ANDHRA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at ALCOT GARDENS RAJAHMUNDRY- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at ALCOT GARDENS RAJAHMUNDRY - RTGS-HO is

SBIN0016313

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.