IFSC Code, MICR Codes for STATE BANK OF INDIA in HARYANA - FARIDABAD - NEW DELHI - FARIDABAD

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


IFSC Code

SBIN0000734

MICR Code

110002195

Branch

FARIDABAD

Contact

0

Address

FARIDABAD NEELAM CHOWKFARIDABAD

City

NEW DELHI

District

FARIDABAD

State

HARYANA





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

SBIN0000734

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.