IFSC Code, MICR Codes for STATE BANK OF INDIA in DELHI - NEW DELHI - SANSAD MARG - SANSADIYA SOUDH

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


IFSC Code

SBIN0003702

MICR Code

110002111

Branch

SANSADIYA SOUDH

Contact

0

Address

SANSADIYA SOUDHA NEW DELHI PARLIAMENT HOUSE ANNEXESANSAD MARG NEW DELHI PIN-110001

City

SANSAD MARG

District

NEW DELHI

State

DELHI





What is IFSC Code of STATE BANK OF INDIA situated at SANSADIYA SOUDH- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at SANSADIYA SOUDH - RTGS-HO is

SBIN0003702

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.