IFSC Code, MICR Codes for STATE BANK OF INDIA in ODISHA - CUTTACK - CUTTACK - CUTTACK

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


IFSC Code

SBIN0000059

MICR Code

753002002

Branch

CUTTACK

Contact

0

Address

COLLECTORATE COMPOUND CUTTACK - 753 002

City

CUTTACK

District

CUTTACK

State

ODISHA





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

SBIN0000059

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.