IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - BETUL - BETUL - SADAR BETUL

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


IFSC Code

SBIN0012152

MICR Code

460002022

Branch

SADAR BETUL

Contact

0

Address

SADAR BETULGENDA CHOWKITARSI ROADBETUL MPDISTBETUL460 001

City

BETUL

District

BETUL

State

MADHYA PRADESH





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

SBIN0012152

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.