IFSC Code, MICR Codes for STATE BANK OF INDIA in HARYANA - PANIPAT - PANIPAT - MODEL TOWN PANIPAT

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


IFSC Code

SBIN0002421

MICR Code

132002004

Branch

MODEL TOWN PANIPAT

Contact

0

Address

48MODEL TOWNPANIPATPANIPAT DISTPANIPATHARYANA 132103

City

PANIPAT

District

PANIPAT

State

HARYANA





What is IFSC Code of STATE BANK OF INDIA situated at MODEL TOWN PANIPAT- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at MODEL TOWN PANIPAT - RTGS-HO is

SBIN0002421

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.