IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - SINDI - JHINGURDA - JHINGURDA

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


IFSC Code

SBIN0005369

MICR Code

486002065

Branch

JHINGURDA

Contact

0

Address

DIST SIDHI MADHYA PRADESH 486889

City

JHINGURDA

District

SINDI

State

MADHYA PRADESH





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

SBIN0005369

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.