IFSC Code, MICR Codes for STATE BANK OF INDIA in KARNATAKA - GULBARGA - GULBARGA - RING ROAD GULBARGA

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


IFSC Code

SBIN0016409

MICR Code

NA

Branch

RING ROAD GULBARGA

Contact

0

Address

PLOT NO 08SY NO 16 KOUDAL COMPLEX NEAR RAM MANDIR RING ROAD GULBARGA DISTT. GULBARGA.KARNATKA585102

City

GULBARGA

District

GULBARGA

State

KARNATAKA





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

SBIN0016409

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.