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

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


IFSC Code

SBIN0016072

MICR Code

NA

Branch

CHAKKARAPARAMBU

Contact

0

Address

BLDG NO. 33/644C GOVT HIGH SCHOOL ROAD VENNALA PO KOCHI. KERALA682028

City

ERNAKULAM

District

KOCHI

State

KERALA





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

SBIN0016072

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.