IFSC Code, MICR Codes for STATE BANK OF INDIA in KERALA - TRIVANDRUM - TRIVENDRUM - VELI HILLS THUMBA

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


IFSC Code

SBIN0010598

MICR Code

695002030

Branch

VELI HILLS THUMBA

Contact

0

Address

VSSC VELI RESEARCH COMPLEX TRIVANDRUM DT 695022

City

TRIVENDRUM

District

TRIVANDRUM

State

KERALA





What is IFSC Code of STATE BANK OF INDIA situated at VELI HILLS THUMBA- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at VELI HILLS THUMBA - RTGS-HO is

SBIN0010598

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.