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

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


IFSC Code

SBIN0000393

MICR Code

425002001

Branch

JALGAON

Contact

0

Address

JILHA PETH DISTT JALGAON MAHARASHTRA 425001

City

JALGAON

District

JALGAON

State

MAHARASHTRA





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

SBIN0000393

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.