IFSC Code, MICR Codes for STATE BANK OF INDIA in KARNATAKA - BANGALORE URBAN - BANGALORE - KUMARAN CHILDRENS' HOME

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


IFSC Code

SBIN0010783

MICR Code

560002110

Branch

KUMARAN CHILDRENS' HOME

Contact

0

Address

TATA SILK FARMBASAVANAGUDI BANGALORE 560004

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





What is IFSC Code of STATE BANK OF INDIA situated at KUMARAN CHILDRENS' HOME- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at KUMARAN CHILDRENS' HOME - RTGS-HO is

SBIN0010783

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.