IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - NALGONDA - KANTATMAKUR - KANTATMAKUR

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


IFSC Code

SBIN0008811

MICR Code

506002564

Branch

KANTATMAKUR

Contact

0

Address

OPP PARKAL BUS DEPOT MAIN ROAD T WARANGAL ANDHRA PRADESH 506391

City

KANTATMAKUR

District

NALGONDA

State

ANDHRA PRADESH





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

SBIN0008811

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.