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

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


IFSC Code

SBIN0003942

MICR Code

754002202

Branch

SALEPUR ADB

Contact

0

Address

DISTCUTTACK ORISSA 754202

City

SALEPUR

District

CUTTACK

State

ODISHA





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

SBIN0003942

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.