IFSC Code, MICR Codes for STATE BANK OF INDIA in CHANDIGARH - DURG - BHILAI - RISALI BHILAI

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


IFSC Code

SBIN0012328

MICR Code

490002020

Branch

RISALI BHILAI

Contact

0

Address

RISALI BHILAIKRISHNA TALKIES ROADIN FRONT OF CHRUCH RISALI BHILAI DISTT DURG

City

BHILAI

District

DURG

State

CHANDIGARH





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

SBIN0012328

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.