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

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


IFSC Code

SBIN0005431

MICR Code

402002914

Branch

ZIRAD SAB

Contact

0

Address

TAL-ALIBAG DISTT RAIGAD MAHARASHTRA 402201

City

ZIRAD

District

RAIGAD

State

MAHARASHTRA





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

SBIN0005431

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.