IFSC Code, MICR Codes for STATE BANK OF INDIA in KERALA - KOLLAM - PUNALUR - PUNALUR

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


IFSC Code

SBIN0018113

MICR Code

WAITING

Branch

PUNALUR

Contact

9447850400

Address

MUSCAT TOWER NEAR S N COLLEGE JUNCTION PUNALUR DISTTKOLLAM KERALA691305

City

PUNALUR

District

KOLLAM

State

KERALA





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

SBIN0018113

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.