IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - PARBHANI - SAILU - SAILU

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


IFSC Code

SBIN0003797

MICR Code

431002607

Branch

SAILU

Contact

0

Address

NEAR POST OFFICE DISTT PARBHANI MAHARASHTRA 431503

City

SAILU

District

PARBHANI

State

MAHARASHTRA





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

SBIN0003797

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.