IFSC Code, MICR Codes for STATE BANK OF INDIA in CHANDIGARH - RAIPUR - RAIPUR - GRASIM CEMENT RAWAN

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


IFSC Code

SBIN0010150

MICR Code

493002482

Branch

GRASIM CEMENT RAWAN

Contact

0

Address

VILLAGE RAWAN DISTT RAIPUR PIN 493196

City

RAIPUR

District

RAIPUR

State

CHANDIGARH





What is IFSC Code of STATE BANK OF INDIA situated at GRASIM CEMENT RAWAN- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at GRASIM CEMENT RAWAN - RTGS-HO is

SBIN0010150

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.