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

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


IFSC Code

SBIN0012082

MICR Code

768002071

Branch

BARKOTE

Contact

0

Address

BARKOTEAT BY POBARKOTEDEOGARH DIST768110

City

BARKOTE

District

DEOGARH

State

ODISHA





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

SBIN0012082

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.