IFSC Code, MICR Codes for STATE BANK OF INDIA in JHARKHAND - HAZARIBAGH - KATKAMASANDI - KATKAM SANDI

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


IFSC Code

SBIN0006230

MICR Code

825002511

Branch

KATKAM SANDI

Contact

0

Address

DIST HAZARIBAGH JHARKHAND 825317

City

KATKAMASANDI

District

HAZARIBAGH

State

JHARKHAND





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

SBIN0006230

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.