IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - KARIMNAGAR - KORATLA - KORATLA

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


IFSC Code

SBIN0015975

MICR Code

NA

Branch

KORATLA

Contact

0

Address

D.NO.1 4 238 MAIN ROAD KORATLA DIST KARIMNAGAR ANDHRA PRADESH 505 326.

City

KORATLA

District

KARIMNAGAR

State

ANDHRA PRADESH





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

SBIN0015975

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.