IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - SAGAR - DHANA - DHANA SAGAR

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


IFSC Code

SBIN0012183

MICR Code

470002323

Branch

DHANA SAGAR

Contact

0

Address

INFRONT OF MADHYA BHARAT GRAMIN BANKMAIN ROADDHANASAGAR MPDISTSAUGOR470228

City

DHANA

District

SAGAR

State

MADHYA PRADESH





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

SBIN0012183

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.