IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - SANGLI - SANGLI - ISLAMPUR WALWA

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


IFSC Code

SBIN0000534

MICR Code

415002851

Branch

ISLAMPUR WALWA

Contact

0

Address

POST BAG NO 1 KACHAI ROAD ISLAMPUR DISTSANGLI STATE MAHARASHTRA PIN415409

City

SANGLI

District

SANGLI

State

MAHARASHTRA





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

SBIN0000534

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.