IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - THANE - MUMBAI - BADLAPUR IND EST

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


IFSC Code

SBIN0007452

MICR Code

400002143

Branch

BADLAPUR IND EST

Contact

0

Address

SHED NO W BY 68 MIDC AREA PO KULGAON ULHASNAGAR THANE

City

MUMBAI

District

THANE

State

MAHARASHTRA





What is IFSC Code of STATE BANK OF INDIA situated at BADLAPUR IND EST- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at BADLAPUR IND EST - RTGS-HO is

SBIN0007452

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.