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

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


IFSC Code

SBIN0002789

MICR Code

533002053

Branch

RAVULAPALEM

Contact

0

Address

DISTEAST GODAVARI ANDHRA PRADESH 533238

City

RAVULAPALEM

District

EAST GODAVARI

State

ANDHRA PRADESH





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

SBIN0002789

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.