IFSC Code, MICR Codes for STATE BANK OF INDIA in DELHI - DELHI - NEW DELHI - MICROFINANCE BRANCH KAROL BAGH

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


IFSC Code

SBIN0014459

MICR Code

NA

Branch

MICROFINANCE BRANCH KAROL BAGH

Contact

0

Address

16 BY 15ARYA SAMAJ ROADKAROL BAGHNEW DELHIDIST DELHI110005

City

NEW DELHI

District

DELHI

State

DELHI





What is IFSC Code of STATE BANK OF INDIA situated at MICROFINANCE BRANCH KAROL BAGH- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at MICROFINANCE BRANCH KAROL BAGH - RTGS-HO is

SBIN0014459

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.