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

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


IFSC Code

SBIN0003272

MICR Code

490002151

Branch

KUMHARI

Contact

0

Address

DIST DURG CHHATTISGARH 490 042

City

KUMHARI

District

DURG

State

CHANDIGARH





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

SBIN0003272

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.