IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - HYDERABAD URBAN - SECUNDERABAD - SECUNDERABAD

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


IFSC Code

SBIN0000916

MICR Code

500002037

Branch

SECUNDERABAD

Contact

0

Address

1-1-78 PATNY CIRCLE ADJ. GENERAL POST OFFICE DISTT. HYDERABAD AP 500003

City

SECUNDERABAD

District

HYDERABAD URBAN

State

ANDHRA PRADESH





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

SBIN0000916

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.