IFSC Code, MICR Codes for STATE BANK OF INDIA in JAMMU AND KASHMIR - SAMBA - VIJAYPUR - RAMGARH

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


IFSC Code

SBIN0016424

MICR Code

NA

Branch

RAMGARH

Contact

0

Address

NEAR RAMGARH MAIN BAZAR VIJAYPURDISTT. SAMBA. JAMMU AND KASHMIR 184120

City

VIJAYPUR

District

SAMBA

State

JAMMU AND KASHMIR





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

SBIN0016424

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.