IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - NASHIK - NASIK - NASIK

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


IFSC Code

SBIN0001469

MICR Code

422002002

Branch

NASIK

Contact

0

Address

NASIK BRANCH OLD AGRA RD. NASIK - 422 001

City

NASIK

District

NASHIK

State

MAHARASHTRA





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

SBIN0001469

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.