IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - SOLAPUR - CHINCHGAON - CHINCHGAON

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


IFSC Code

SBIN0017507

MICR Code

WAITING

Branch

CHINCHGAON

Contact

9890075637

Address

AT POST CHINCHGAONTALUKA MADHADISTT.SOLAPUR.MAHARASHTRA 413208

City

CHINCHGAON

District

SOLAPUR

State

MAHARASHTRA





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

SBIN0017507

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.