IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - GREATER BOMBAY - MUMBAI - RANI SATI MARG

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


IFSC Code

SBIN0017688

MICR Code

WAITING

Branch

RANI SATI MARG

Contact

9833864422

Address

SHAH TRADE CENTRE GROUND FLOOR RANI SATI MARG MALAD EASTMUMBAIMAHARASHTRA400097

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





What is IFSC Code of STATE BANK OF INDIA situated at RANI SATI MARG- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at RANI SATI MARG - RTGS-HO is

SBIN0017688

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.