IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - UJJAIN - UJJAIN - FREEGANJ UJJAIN

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


IFSC Code

SBIN0030108

MICR Code

NA

Branch

FREEGANJ UJJAIN

Contact

0

Address

L.M.COMPLEXFREEGANJ

City

UJJAIN

District

UJJAIN

State

MADHYA PRADESH





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

SBIN0030108

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.