IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - BHIND - LAHAR - BHIND BHANDER ROAD LAHAR

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


IFSC Code

SBIN0030124

MICR Code

NA

Branch

BHIND BHANDER ROAD LAHAR

Contact

0

Address

BHINDBHANDER ROADFRONT OF PWD REST HOUSE

City

LAHAR

District

BHIND

State

MADHYA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at BHIND BHANDER ROAD LAHAR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at BHIND BHANDER ROAD LAHAR - RTGS-HO is

SBIN0030124

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.