IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - VISHAKAPATNAM - VISAKHAPATNAM - PBB MVP COLONY VISAKHAPTNAM

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


IFSC Code

SBIN0004158

MICR Code

530002030

Branch

PBB MVP COLONY VISAKHAPTNAM

Contact

0

Address

1ST FLOOR SHIVA S CASTLEMIG 165 SECT-VIII MVP COLONY A.P 530017

City

VISAKHAPATNAM

District

VISHAKAPATNAM

State

ANDHRA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at PBB MVP COLONY VISAKHAPTNAM- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at PBB MVP COLONY VISAKHAPTNAM - RTGS-HO is

SBIN0004158

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.