IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - DHULE - NAWALNAGAR - NAWALNAGAR

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


IFSC Code

SBIN0007683

MICR Code

424002782

Branch

NAWALNAGAR

Contact

0

Address

DIST DHULE MAHARASHTRA 424318

City

NAWALNAGAR

District

DHULE

State

MAHARASHTRA





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

SBIN0007683

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.