IFSC Code, MICR Codes for STATE BANK OF INDIA in HARYANA - PANCHKULA - PANCHKULA - SECTOR 20 PANCHKULA (NEW BRANCH)

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


IFSC Code

SBIN0010374

MICR Code

160002048

Branch

SECTOR 20 PANCHKULA (NEW BRANCH)

Contact

0

Address

SECTOR 20 PANCHKULATEHSIL AND DISTT PANCHKULAHARYANA

City

PANCHKULA

District

PANCHKULA

State

HARYANA





What is IFSC Code of STATE BANK OF INDIA situated at SECTOR 20 PANCHKULA (NEW BRANCH)- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at SECTOR 20 PANCHKULA (NEW BRANCH) - RTGS-HO is

SBIN0010374

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.