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

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


IFSC Code

SBIN0014172

MICR Code

533002523

Branch

THIMMAPURAM

Contact

0

Address

OPP POLICE STATIONMAIN ROADTHIMMAPURAMKAKINADA RURAL 533005

City

THIMMAPURAM

District

EAST GODAVARI

State

ANDHRA PRADESH





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

SBIN0014172

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.