IFSC Code, MICR Codes for STATE BANK OF INDIA in CHANDIGARH - RAIPUR - RAIPUR - SUNDAR NAGAR RAIPUR

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


IFSC Code

SBIN0012326

MICR Code

492002029

Branch

SUNDAR NAGAR RAIPUR

Contact

0

Address

69MAHADEO GHAT ROADSUNDAR NAGRDISTRAIPUR492013

City

RAIPUR

District

RAIPUR

State

CHANDIGARH





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

SBIN0012326

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.