IFSC Code, MICR Codes for STATE BANK OF INDIA in HIMACHAL PRADESH - SHIMLA - SIMLA - THEOG

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


IFSC Code

SBIN0001075

MICR Code

171002041

Branch

THEOG

Contact

0

Address

SIMLA STATE HIMACHAL PRADESH PIN 171201

City

SIMLA

District

SHIMLA

State

HIMACHAL PRADESH





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

SBIN0001075

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.