IFSC Code, MICR Codes for STATE BANK OF INDIA in KARNATAKA - MANGALORE - MANGALORE - OLRO MANGALORE

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


IFSC Code

SBIN0005136

MICR Code

NA

Branch

OLRO MANGALORE

Contact

0

Address

ESSEL TOWERS 3RD FLOOR BUNTS HOSTEL ROAD MANGALORE575003

City

MANGALORE

District

MANGALORE

State

KARNATAKA





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

SBIN0005136

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.