IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - MEDAK - TOOPRAN - ADB TOOPRAN

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


IFSC Code

SBIN0006649

MICR Code

502002334

Branch

ADB TOOPRAN

Contact

0

Address

MAIN ROAD T MEDAK ANDHRA PRADESH 502334

City

TOOPRAN

District

MEDAK

State

ANDHRA PRADESH





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

SBIN0006649

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.