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

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


IFSC Code

SBIN0010711

MICR Code

676002012

Branch

NILAMBUR

Contact

0

Address

NO 92ELECTR BUILDINGNEAR JAGATHY THEATRECNG ROADMALAPURAMKERALA PIN 679329

City

NILAMBUR

District

MALAPURAM

State

KERALA





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

SBIN0010711

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.