IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - VALSAD - UMARSADI - UMARSADI

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


IFSC Code

SBIN0003851

MICR Code

396002032

Branch

UMARSADI

Contact

0

Address

DISTVALSAD GUJARAT 396175

City

UMARSADI

District

VALSAD

State

GUJARAT





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

SBIN0003851

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.