IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - SURENDRANAGAR - VAGADIA - VAGADIYA

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


IFSC Code

SBIN0060254

MICR Code

363002530

Branch

VAGADIYA

Contact

0

Address

TALUKA MULIVIA THANGADHVAGADIA 363530

City

VAGADIA

District

SURENDRANAGAR

State

GUJARAT





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

SBIN0060254

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.