IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - VADODARA - PADRA - S T DEPOT PADRA

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


IFSC Code

SBIN0016383

MICR Code

NA

Branch

S T DEPOT PADRA

Contact

0

Address

B/16 UMIYANAGAR OPP. POST OFFICE PADRAVADODARA ROAD DISTT.VADODARA. GUJARAT 391440

City

PADRA

District

VADODARA

State

GUJARAT





What is IFSC Code of STATE BANK OF INDIA situated at S T DEPOT PADRA- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at S T DEPOT PADRA - RTGS-HO is

SBIN0016383

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.