IFSC Code, MICR Codes for STATE BANK OF INDIA in KARNATAKA - BELGAUM - NIPANI - NIPANI TOWN

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


IFSC Code

SBIN0017857

MICR Code

WAITING

Branch

NIPANI TOWN

Contact

8880350333

Address

RS NO 126RAJ CHAMBERS1ST FLOORMURGOD ROADNIPANIDISTT.BELGAUM.KARNATAKA 591237

City

NIPANI

District

BELGAUM

State

KARNATAKA





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

SBIN0017857

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.