IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - GWALIOR - GWALIOR - MAYUR MARKET

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


IFSC Code

SBIN0007933

MICR Code

474002006

Branch

MAYUR MARKET

Contact

0

Address

GWALIOR M.P.-474011

City

GWALIOR

District

GWALIOR

State

MADHYA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at MAYUR MARKET- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at MAYUR MARKET - RTGS-HO is

SBIN0007933

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.