IFSC Code, MICR Codes for STATE BANK OF INDIA in JHARKHAND - HAZARIBAGH - DEMOTAND - FIC DEMOTAND

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


IFSC Code

SBIN0015014

MICR Code

NA

Branch

FIC DEMOTAND

Contact

0

Address

STATE BANK BUILDING SBI DEMOTAND PO MORANGI DIST HAZARIBAG 825301

City

DEMOTAND

District

HAZARIBAGH

State

JHARKHAND





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

SBIN0015014

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.