IFSC Code, MICR Codes for STATE BANK OF INDIA in MAHARASHTRA - WARDHA - SELOO - SELOO

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


IFSC Code

SBIN0011149

MICR Code

442002589

Branch

SELOO

Contact

0

Address

DAFTARI COMPLEX TAH SELOO 442104

City

SELOO

District

WARDHA

State

MAHARASHTRA





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

SBIN0011149

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.