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

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


IFSC Code

SBIN0001215

MICR Code

800002009

Branch

BSEB PATNA

Contact

0

Address

FRASER ROAD WEST OF AIR STN PATNA BIHAR 800017

City

PATNA

District

PATNA

State

BIHAR





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

SBIN0001215

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.