IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - NIZAMABAD - PERKIT - PERKIT

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


IFSC Code

SBIN0014156

MICR Code

503002622

Branch

PERKIT

Contact

0

Address

NAGPUR HIGHWAYPERKIT VILLAGEARMOOR MANDALNIZAMABAD DISTRICT 503224

City

PERKIT

District

NIZAMABAD

State

ANDHRA PRADESH





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

SBIN0014156

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.