IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - DAHOD - DAHOD - DHANPUR

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


IFSC Code

SBIN0010959

MICR Code

389002099

Branch

DHANPUR

Contact

0

Address

DIST DAHODSTATE GUJARAT

City

DAHOD

District

DAHOD

State

GUJARAT





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

SBIN0010959

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.