IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - SEHORE - INDORE - GODHA COLONY INDORE

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


IFSC Code

SBIN0003663

MICR Code

452002007

Branch

GODHA COLONY INDORE

Contact

0

Address

921BHANWAR KUWA ROADNEAR TOWER CROSSINGPIN452004

City

INDORE

District

SEHORE

State

MADHYA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at GODHA COLONY INDORE- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at GODHA COLONY INDORE - RTGS-HO is

SBIN0003663

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.