IFSC Code, MICR Codes for STATE BANK OF INDIA in DELHI - NEW DELHI - DELHI - SOUTH PATEL NAGAR

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


IFSC Code

SBIN0000736

MICR Code

110002119

Branch

SOUTH PATEL NAGAR

Contact

0

Address

PUSA ROAD15 SOUTH PATEL NGRNEW DELHIPIN 110008

City

DELHI

District

NEW DELHI

State

DELHI





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

SBIN0000736

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.