IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - NANDED - MUKHED - MUDKHED

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


IFSC Code

SBIN0011151

MICR Code

431002591

Branch

MUDKHED

Contact

0

Address

NAGAR PARISHAD SHOPPING CENTRE SHIVAJI NAGAR MUDKHED DIST NANDED 431806

City

MUKHED

District

NANDED

State

MAHARASHTRA





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

SBIN0011151

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.