IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - BANAS KANTHA - CHHAPI - CHHAPI

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


IFSC Code

SBIN0011053

MICR Code

385002504

Branch

CHHAPI

Contact

0

Address

CHHAPI MAIN BAZARSTATION ROADCHHAPIDIST BANASKANTHA 385210

City

CHHAPI

District

BANAS KANTHA

State

GUJARAT





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

SBIN0011053

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.