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

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


IFSC Code

SBIN0014292

MICR Code

NA

Branch

BASANTPUR

Contact

0

Address

BASANTPUR DISTT SIWAN BIHAR841406

City

BASANTPUR

District

SIWAN

State

BIHAR





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

SBIN0014292

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.