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

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


IFSC Code

SBIN0017637

MICR Code

NA

Branch

UDAYNAGAR

Contact

9096595767

Address

SWAPNA UDAYNO.101102103104105MANEWADA RING ROADUDAY NAGAR CHOWKNAGPUR.MAHARASHTRA 440034

City

NAGPUR

District

NAGPUR

State

MAHARASHTRA





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

SBIN0017637

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.