IFSC Code, MICR Codes for STATE BANK OF INDIA in KERALA - MALAPURAM - MALAPPURAM - PARAPPANANGADI

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


IFSC Code

SBIN0001153

MICR Code

676002007

Branch

PARAPPANANGADI

Contact

0

Address

TOPPYS TOWERCOURT ROAD PIN676303

City

MALAPPURAM

District

MALAPURAM

State

KERALA





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

SBIN0001153

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.