IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - JHABUA - PETLAWAD - PETLAWAD

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


IFSC Code

SBIN0012168

MICR Code

457002015

Branch

PETLAWAD

Contact

0

Address

SUNDAR TARABHAVANKANVAN ROADPETLAWAD DIST JHABUA MPDISTJHABUA457773

City

PETLAWAD

District

JHABUA

State

MADHYA PRADESH





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

SBIN0012168

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.