IFSC Code, MICR Codes for STATE BANK OF INDIA in BIHAR - MUZAFFARPUR - MUZAFFARPUR - CLUB ROAD

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


IFSC Code

SBIN0004578

MICR Code

842002009

Branch

CLUB ROAD

Contact

0

Address

NEAR JAWAHAR CHITRA MANDIRMUZAFFARPUR BIHAR PIN 842001

City

MUZAFFARPUR

District

MUZAFFARPUR

State

BIHAR





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

SBIN0004578

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.