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

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


IFSC Code

SBIN0000991

MICR Code

581002104

Branch

HANGAL

Contact

0

Address

DIST HAVERI KARNATAKA 581104

City

HANGAL

District

HAVERI

State

KARNATAKA





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

SBIN0000991

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.