IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - GUNTUR - GUNTUR - KOTHAPETA GUNTUR

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


IFSC Code

SBIN0005151

MICR Code

520002110

Branch

KOTHAPETA GUNTUR

Contact

0

Address

D NO. 12-21-58 GOWRISHANKAR THEATRE ROAD KOTHAPETA GUNTUR 522 001

City

GUNTUR

District

GUNTUR

State

ANDHRA PRADESH





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

SBIN0005151

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.