IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - RAIGAD - CHAUL - CHAUL

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


IFSC Code

SBIN0012840

MICR Code

400002241

Branch

CHAUL

Contact

0

Address

ALIBAUGREVDANDAMURUD STATE HIGH WAYAT AND PO CHAULALIBAUG402203

City

CHAUL

District

RAIGAD

State

MAHARASHTRA





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

SBIN0012840

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.