IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - AMRAVATI - ACHALPUR - ACHALPUR

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


IFSC Code

SBIN0000371

MICR Code

444002843

Branch

ACHALPUR

Contact

0

Address

CIVIL LINES ACHALPUR AMARAVATI DIST.

City

ACHALPUR

District

AMRAVATI

State

MAHARASHTRA





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

SBIN0000371

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.