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

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


IFSC Code

SBIN0006315

MICR Code

508002206

Branch

KODAD

Contact

0

Address

HUZURNAGAR JUNCTION MAIN ROAD KODAD DISTT. NALGONDA ANDHRA PRADESH 508206

City

KODAD

District

NALGONDA

State

ANDHRA PRADESH





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

SBIN0006315

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.