IFSC Code, MICR Codes for STATE BANK OF INDIA in CHANDIGARH - RAIGARH - RAIGARH - LAILUNGA

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


IFSC Code

SBIN0002159

MICR Code

496002121

Branch

LAILUNGA

Contact

0

Address

DISTRAIGARH CHHATTISGARH 496113

City

RAIGARH

District

RAIGARH

State

CHANDIGARH





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

SBIN0002159

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.