IFSC Code, MICR Codes for STATE BANK OF INDIA in ODISHA - KHURDA - BHUBANESHWAR - LAXMISAGAR EVENING BHUBANESWAR

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


IFSC Code

SBIN0007047

MICR Code

751002011

Branch

LAXMISAGAR EVENING BHUBANESWAR

Contact

0

Address

PLOT NO.145CUTTACK ROAD KHURDA 751006 PIN - 751006

City

BHUBANESHWAR

District

KHURDA

State

ODISHA





What is IFSC Code of STATE BANK OF INDIA situated at LAXMISAGAR EVENING BHUBANESWAR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at LAXMISAGAR EVENING BHUBANESWAR - RTGS-HO is

SBIN0007047

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.