IFSC Code, MICR Codes for STATE BANK OF INDIA in HIMACHAL PRADESH - LAHAUL SAPITI - LOT - LOT

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


IFSC Code

SBIN0017045

MICR Code

NA

Branch

LOT

Contact

0

Address

LOT VILLAGE AND POST.LOT DISTT.LAHAULSAPITI. HIMACHAL PRADESH 175132

City

LOT

District

LAHAUL SAPITI

State

HIMACHAL PRADESH





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

SBIN0017045

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.