IFSC Code, MICR Codes for STATE BANK OF INDIA in CHANDIGARH - RAIPUR - CHHATTISGARH - SHFB RAIPUR

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


IFSC Code

SBIN0004440

MICR Code

492002020

Branch

SHFB RAIPUR

Contact

0

Address

ZONAL OFFICE PREMISESBYRON BAZAR RAIPUR - CHHATTISGARH PIN - 492001

City

CHHATTISGARH

District

RAIPUR

State

CHANDIGARH





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

SBIN0004440

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.