IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - BHOPAL - BHOPAL - MLA REST HOUSE BHOPAL

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


IFSC Code

SBIN0006159

MICR Code

462002016

Branch

MLA REST HOUSE BHOPAL

Contact

0

Address

NEW FAMILY BLOCK NO.1 BHOPAL PIN - 462003

City

BHOPAL

District

BHOPAL

State

MADHYA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at MLA REST HOUSE BHOPAL- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at MLA REST HOUSE BHOPAL - RTGS-HO is

SBIN0006159

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.