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

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


IFSC Code

SBIN0030502

MICR Code

474005010

Branch

PATEL NAGARGWALIOR

Contact

0

Address

PLOT NO.234SITE NO.02PATEL NAGARCITY CENTRE

City

GWALIOR

District

GWALIOR

State

MADHYA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at PATEL NAGARGWALIOR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at PATEL NAGARGWALIOR - RTGS-HO is

SBIN0030502

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.