IFSC Code, MICR Codes for STATE BANK OF INDIA in DELHI - MALVIYA NAGAR - DELHI - PBB MALVIYA NAGAR

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


IFSC Code

SBIN0017881

MICR Code

WAITING

Branch

PBB MALVIYA NAGAR

Contact

9873678150

Address

A 9SHIVALIKMALVIYA NAGARNEW DELHI 110019

City

DELHI

District

MALVIYA NAGAR

State

DELHI





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

SBIN0017881

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.