IFSC Code, MICR Codes for STATE BANK OF INDIA in HARYANA - HISSAR - BARWALA - BARWALA

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


IFSC Code

SBIN0007604

MICR Code

160002037

Branch

BARWALA

Contact

0

Address

DIST HISSAR HARYANA 134118

City

BARWALA

District

HISSAR

State

HARYANA





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

SBIN0007604

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.