IFSC Code, MICR Codes for STATE BANK OF INDIA in GUJARAT - VALSAD - VAPI - SPECIALISED COMMERCIAL BRANCHVAPI

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


IFSC Code

SBIN0011029

MICR Code

396002125

Branch

SPECIALISED COMMERCIAL BRANCHVAPI

Contact

0

Address

SPECIALISED COMMERCIAL BRVIA HOUSEPLOT NO.135G.I.D.C CHAR RASTAVAPIDISTVALSAD 396195

City

VAPI

District

VALSAD

State

GUJARAT





What is IFSC Code of STATE BANK OF INDIA situated at SPECIALISED COMMERCIAL BRANCHVAPI- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at SPECIALISED COMMERCIAL BRANCHVAPI - RTGS-HO is

SBIN0011029

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.