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

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


IFSC Code

SBIN0001373

MICR Code

500002050

Branch

MARKET STREET. SECUNDERABAD

Contact

0

Address

POST BAG NO. 13 NO.7-1-684- 685 MARKET STREETSECUNDERABAD ANDHRA PRADESH 500003

City

SECUNDERABAD

District

HYDERABAD URBAN

State

ANDHRA PRADESH





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

SBIN0001373

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.