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

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


IFSC Code

SBIN0007155

MICR Code

413002569

Branch

NITOOR

Contact

0

Address

TQ NILANGA DT LATUR MAHARASHTRA 413527

City

NITOOR

District

LATUR

State

MAHARASHTRA





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

SBIN0007155

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.