IFSC Code, MICR Codes for STATE BANK OF INDIA in CHANDIGARH - RAIPUR - RAIPUR - P & SB RAIPUR

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


IFSC Code

SBIN0030500

MICR Code

492005006

Branch

P & SB RAIPUR

Contact

0

Address

3 BY 326CIVIL LINESINDRAWATI COLONY ROAD

City

RAIPUR

District

RAIPUR

State

CHANDIGARH





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

SBIN0030500

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.