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

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


IFSC Code

SBIN0014803

MICR Code

NA

Branch

SCAB JABALPUR

Contact

0

Address

SCAB JABALPUR MAIN BRANCH PREMISES CIVIL LINES DISTT JABALPUR M.P 482001

City

JABALPUR

District

JABALPUR

State

MADHYA PRADESH





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

SBIN0014803

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.