IFSC Code, MICR Codes for STATE BANK OF INDIA in BIHAR - BEGUSARAI - BARAUNI - BF TOWNSHIP

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


IFSC Code

SBIN0002913

MICR Code

851002105

Branch

BF TOWNSHIP

Contact

0

Address

DISTT BEGUSARAI STATE BIHAR PIN 851 113

City

BARAUNI

District

BEGUSARAI

State

BIHAR





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

SBIN0002913

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.