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

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


IFSC Code

SBIN0003021

MICR Code

444002923

Branch

ADB ACHALPUR

Contact

0

Address

DIST AMRAVATI MAHARASHTRA 444805

City

ACHALPUR

District

AMRAVATI

State

MAHARASHTRA





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

SBIN0003021

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.