IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - KATNI - KATNI - RCPC KATNI

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


IFSC Code

SBIN0014434

MICR Code

NA

Branch

RCPC KATNI

Contact

0

Address

NEAR BHARAT AUTOMOBILES PETROL PUMPSSME BRANCHNH7BARGAWANKATNI M.P.483501

City

KATNI

District

KATNI

State

MADHYA PRADESH





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

SBIN0014434

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.