IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - RAJKOT - PANELIMOTI - PANELI MOTI

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


IFSC Code

SBIN0060165

MICR Code

360002480

Branch

PANELI MOTI

Contact

0

Address

NAVARANG ROADDIST RAJKOTPANELI MOTI 360480

City

PANELIMOTI

District

RAJKOT

State

GUJARAT





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

SBIN0060165

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.