IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - SANGLI - MIRAJ KUPWAD - MARKET YARD SANGLI

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


IFSC Code

SBIN0007971

MICR Code

416002954

Branch

MARKET YARD SANGLI

Contact

0

Address

DIST SANGLI MAHARASHTRA 416446

City

MIRAJ KUPWAD

District

SANGLI

State

MAHARASHTRA





What is IFSC Code of STATE BANK OF INDIA situated at MARKET YARD SANGLI- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at MARKET YARD SANGLI - RTGS-HO is

SBIN0007971

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.