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

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


IFSC Code

SBIN0002654

MICR Code

385002135

Branch

IQBALGANDH

Contact

0

Address

DISTBANAS KANTHA GUJARAT 385135

City

IQBALGADH

District

BANAS KANTHA

State

GUJARAT





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

SBIN0002654

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.