IFSC Code, MICR Codes for STATE BANK OF INDIA in ASSAM - KAMRUP - HYDERABAD - MUSARAMBAGH CHOWRASTA

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


IFSC Code

SBIN0010328

MICR Code

500002095

Branch

MUSARAMBAGH CHOWRASTA

Contact

0

Address

VINY RESIDENCY H NO 16 11 469 BY 29 SBI OFFICERS COLONY ROAD MUSARAMBAGH HYDERABAD

City

HYDERABAD

District

KAMRUP

State

ASSAM





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

SBIN0010328

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.