IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - JABALPUR - BILLAHARI - BILLAHARI

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


IFSC Code

SBIN0012271

MICR Code

482002031

Branch

BILLAHARI

Contact

0

Address

NEAR OLD SHIVA SWEETS MANDLA MAIN ROAD BILLAHARITAHDISTTJABALPUR482020

City

BILLAHARI

District

JABALPUR

State

MADHYA PRADESH





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

SBIN0012271

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.