IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - BHAVNAGAR - PATANA - PATANA BHAL

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


IFSC Code

SBIN0060252

MICR Code

364002311

Branch

PATANA BHAL

Contact

0

Address

TALUKA VALLABHIPURPATANA 364311

City

PATANA

District

BHAVNAGAR

State

GUJARAT





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

SBIN0060252

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.