IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - PUNE - PUNE - HINGNE KHURD

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


IFSC Code

SBIN0007159

MICR Code

411002017

Branch

HINGNE KHURD

Contact

0

Address

VRISHIKETUSINHAGAD ROAD HINGNEKHURDPUNEMAHARASHTRAPIN 411051

City

PUNE

District

PUNE

State

MAHARASHTRA





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

SBIN0007159

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.