IFSC Code, MICR Codes for STATE BANK OF INDIA in KERALA - ERNAKULAM - KOCHI - KADAVANTHRA

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


IFSC Code

SBIN0018059

MICR Code

WAITING

Branch

KADAVANTHRA

Contact

9496251777

Address

NO 57314A NAVEEN ARCADERAVINDRAN ROAD KADAVANTHTRA POST ERNAKULAM KERALA682020

City

KOCHI

District

ERNAKULAM

State

KERALA





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

SBIN0018059

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.