IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - INDORE - INDORE - COMMERCIAL BRANCH INDORE

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


IFSC Code

SBIN0009632

MICR Code

452002003

Branch

COMMERCIAL BRANCH INDORE

Contact

0

Address

COMMERCIAL BRANCH NEAR GPO A.B.ROAD INDORE-452001

City

INDORE

District

INDORE

State

MADHYA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at COMMERCIAL BRANCH INDORE- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at COMMERCIAL BRANCH INDORE - RTGS-HO is

SBIN0009632

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.