IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - PORBANDAR - PORBANDAR - PORBANDER S.M. ROAD

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


IFSC Code

SBIN0060048

MICR Code

360002124

Branch

PORBANDER S.M. ROAD

Contact

0

Address

SATYANARAYAN MANDIRVADI PLOTVEGETABLE MARKETPORBANDAR 360575

City

PORBANDAR

District

PORBANDAR

State

GUJARAT





What is IFSC Code of STATE BANK OF INDIA situated at PORBANDER S.M. ROAD- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at PORBANDER S.M. ROAD - RTGS-HO is

SBIN0060048

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.