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

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


IFSC Code

SBIN0002954

MICR Code

848002504

Branch

KALYANPUR

Contact

0

Address

DISTSAMASTIPURSTATEBIHAR

City

SAMASTIPUR

District

SAMASTIPUR

State

BIHAR





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

SBIN0002954

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.