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

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


IFSC Code

SBIN0009005

MICR Code

800002020

Branch

HANUMAN NAGAR

Contact

0

Address

SHANKER MARKET PATNA BIHAR

City

PATNA

District

PATNA

State

BIHAR





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

SBIN0009005

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.