IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - SABAR KANTHA - BHILODA - BHILODA

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


IFSC Code

SBIN0060437

MICR Code

383002245

Branch

BHILODA

Contact

0

Address

LATIWALA COMPLEXLATI BAZARBHILODASHAMLAJI HIGHWAYBHILODA

City

BHILODA

District

SABAR KANTHA

State

GUJARAT





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

SBIN0060437

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.