IFSC Code, MICR Codes for STATE BANK OF INDIA in KARNATAKA - HAVERI - BYADGI - BYADGI

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


IFSC Code

SBIN0010208

MICR Code

581002106

Branch

BYADGI

Contact

0

Address

PLOT NO. 11 APMC YARD BYADGI DISTT. HAVERI KARNATKA 581106

City

BYADGI

District

HAVERI

State

KARNATAKA





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

SBIN0010208

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.