IFSC Code, MICR Codes for STATE BANK OF INDIA in KERALA - KOTTAYAM - KOTTAYAM - RASMECCC KOTTAYAM

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


IFSC Code

SBIN0016997

MICR Code

NA

Branch

RASMECCC KOTTAYAM

Contact

0

Address

1ST2ND FLOOR OPPOSITE TO BCM COLLEGE K K ROAD KOTTAYAM DISTT.KOTTAYAM. KERALA 686001

City

KOTTAYAM

District

KOTTAYAM

State

KERALA





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

SBIN0016997

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.