IFSC Code, MICR Codes for STATE BANK OF INDIA in BIHAR - KATIHAR - KATIHAR - GURUBAZAR

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


IFSC Code

SBIN0002940

MICR Code

854002701

Branch

GURUBAZAR

Contact

0

Address

POGURU BAZAR DISTKATIHAR

City

KATIHAR

District

KATIHAR

State

BIHAR





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

SBIN0002940

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.