IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - MUMBAI - MUMBAI - BHARAT DIAMOND BOURSE

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


IFSC Code

SBIN0016654

MICR Code

NA

Branch

BHARAT DIAMOND BOURSE

Contact

0

Address

G 1 BHARAT DIAMOND BOURSE G BLOCK BANDRA KURLA COMPLEX BANDRA EAST MUMBAIMAHARASHTRA 400051

City

MUMBAI

District

MUMBAI

State

MAHARASHTRA





What is IFSC Code of STATE BANK OF INDIA situated at BHARAT DIAMOND BOURSE- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at BHARAT DIAMOND BOURSE - RTGS-HO is

SBIN0016654

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.