IFSC Code, MICR Codes for STATE BANK OF INDIA in MEGHALAYA - EAST KHASI HILL - SMIT - SMIT

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


IFSC Code

SBIN0016937

MICR Code

NA

Branch

SMIT

Contact

0

Address

UMLYNGHONG P.O SMIT SHILLONG DISTT.EAST KHASI HILL. MEGHALAYA 793015

City

SMIT

District

EAST KHASI HILL

State

MEGHALAYA





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

SBIN0016937

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.