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

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


IFSC Code

SBIN0018096

MICR Code

WAITING

Branch

KHARABI ROADNAGPUR

Contact

8600104362

Address

PLOT NO4 AADIWASI SAMAJ UNNATI GRUH NIRMAN SAHAKARI SANTHA MARYADIT KHARABI ROAD NAGPUR DISTTNAGPUR MAHARASHTRA440008

City

NAGPUR

District

NAGPUR

State

MAHARASHTRA





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

SBIN0018096

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.