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

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


IFSC Code

SBIN0000141

MICR Code

805002002

Branch

NAWADA

Contact

0

Address

DISTNAWADAH BIHAR 805110

City

NAWADA

District

NAWADA

State

BIHAR





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

SBIN0000141

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.