IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - AHMEDABAD - KOTH - KOTH

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


IFSC Code

SBIN0002663

MICR Code

382002240

Branch

KOTH

Contact

0

Address

NR. ST BUS STAND TA. DHOLKA DISTT. AHMADABAD GUJARAT 382 240

City

KOTH

District

AHMEDABAD

State

GUJARAT





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

SBIN0002663

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.