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

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


IFSC Code

SBIN0004740

MICR Code

761002107

Branch

DHARAKOTE

Contact

0

Address

DHARAKOTE

City

DHARAKOTE

District

GANJAM

State

ODISHA





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

SBIN0004740

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.