IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - DHAR - DHAR - COLLECTORATE DHAR

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


IFSC Code

SBIN0030381

MICR Code

NA

Branch

COLLECTORATE DHAR

Contact

0

Address

COLLECTORATE CAMPUSDHAR

City

DHAR

District

DHAR

State

MADHYA PRADESH





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

SBIN0030381

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.