IFSC Code, MICR Codes for STATE BANK OF INDIA in KARNATAKA - BIJAPUR - INDI - INDI

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


IFSC Code

SBIN0002214

MICR Code

586002209

Branch

INDI

Contact

0

Address

SY. NO. 619 BY C 2 PLOT NO. 3 WARD NO.V BIJAPUR ROAD DISTT. BIJAPUR KARNATAKA 586209

City

INDI

District

BIJAPUR

State

KARNATAKA





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

SBIN0002214

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.