IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - SHOLAPUR - SOLAPUR - STATION ROAD SOLAPUR

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


IFSC Code

SBIN0001656

MICR Code

413002004

Branch

STATION ROAD SOLAPUR

Contact

0

Address

RAILWAY LINES DISTT. SOLAPUR MAHARASHTRA 413001

City

SOLAPUR

District

SHOLAPUR

State

MAHARASHTRA





What is IFSC Code of STATE BANK OF INDIA situated at STATION ROAD SOLAPUR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at STATION ROAD SOLAPUR - RTGS-HO is

SBIN0001656

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.