IFSC Code, MICR Codes for STATE BANK OF INDIA in HARYANA - FARIDABAD - NEW DELHI - SECTOR 55 BALLABHGARH

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


IFSC Code

SBIN0016110

MICR Code

NA

Branch

SECTOR 55 BALLABHGARH

Contact

0

Address

SCO 46 HUDA MARKETSECT 55 BALLABHGARH FARIDABAD HARYANA121004

City

NEW DELHI

District

FARIDABAD

State

HARYANA





What is IFSC Code of STATE BANK OF INDIA situated at SECTOR 55 BALLABHGARH- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at SECTOR 55 BALLABHGARH - RTGS-HO is

SBIN0016110

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.