IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - VADODARA - MUMBAI - WORLI SEA FACE

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


IFSC Code

SBIN0008783

MICR Code

400002106

Branch

WORLI SEA FACE

Contact

0

Address

SAGAR TARANG CO-OP. HOUSING SOCIETY LTD.KHAN ABDULGAFFARKHAN ROAD MUMBAI PIN - 400025

City

MUMBAI

District

VADODARA

State

GUJARAT





What is IFSC Code of STATE BANK OF INDIA situated at WORLI SEA FACE- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at WORLI SEA FACE - RTGS-HO is

SBIN0008783

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.