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

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


IFSC Code

SBIN0016451

MICR Code

NA

Branch

DAC GWALIOR

Contact

0

Address

15KHEDAPATI COLONY NEAR K K HOSTAL DIST GWALIOR MADHYA PRADESH 474002

City

GWALIOR

District

GWALIOR

State

MADHYA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at DAC GWALIOR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at DAC GWALIOR - RTGS-HO is

SBIN0016451

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.