IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - SRIKAKULAM - SRIKAKULAM - ICHAPURAM

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


IFSC Code

SBIN0000983

MICR Code

532002312

Branch

ICHAPURAM

Contact

0

Address

SRIKAKULAM ANDHRA PRADESH 532312

City

SRIKAKULAM

District

SRIKAKULAM

State

ANDHRA PRADESH





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

SBIN0000983

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.