IFSC Code, MICR Codes for STATE BANK OF INDIA in ANDHRA PRADESH - WEST GODAVARI - IRAGAVARAM - IRAGAVARAM

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


IFSC Code

SBIN0007539

MICR Code

534002016

Branch

IRAGAVARAM

Contact

0

Address

DIST WEST GODAVARI A P 534217

City

IRAGAVARAM

District

WEST GODAVARI

State

ANDHRA PRADESH





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

SBIN0007539

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.