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

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


IFSC Code

SBIN0016184

MICR Code

NA

Branch

PARSAPUR

Contact

0

Address

NEAR BUS STAND GRAMPANCHAYAT COMPLEX ANJANGAON PARATWADA RD ATPOST PALSAPUR TAL DARYAPUR DIST AMRAVATI MAHARASHTRA 444808

City

PARSAPUR

District

AMRAVATI

State

MAHARASHTRA





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

SBIN0016184

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.