IFSC Code, MICR Codes for STATE BANK OF INDIA in JAMMU AND KASHMIR - BADGAN - BADGAM - BADGAM

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


IFSC Code

SBIN0002297

MICR Code

191002021

Branch

BADGAM

Contact

0

Address

DIST BADGAM JAMMU NAD KASHMIR 191111

City

BADGAM

District

BADGAN

State

JAMMU AND KASHMIR





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

SBIN0002297

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.