IFSC Code, MICR Codes for STATE BANK OF INDIA in JHARKHAND - RANCHI - RANCHI - CMPDI KANKE ROAD

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


IFSC Code

SBIN0005598

MICR Code

834002012

Branch

CMPDI KANKE ROAD

Contact

0

Address

KANKEROAD RANCHIDIST.RANCHI BIHAR 834008 PIN - 834008

City

RANCHI

District

RANCHI

State

JHARKHAND





What is IFSC Code of STATE BANK OF INDIA situated at CMPDI KANKE ROAD- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at CMPDI KANKE ROAD - RTGS-HO is

SBIN0005598

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.