IFSC Code, MICR Codes for STATE BANK OF INDIA in ODISHA - RAYAGADA - GUNUPUR - GUNUPUR BAZAR BRANCH

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


IFSC Code

SBIN0016131

MICR Code

NA

Branch

GUNUPUR BAZAR BRANCH

Contact

0

Address

IN FRONT OF GANDHI PUBLIC SCHOOLGUNUPURDIST.RAYAGADA ODISHA 765022

City

GUNUPUR

District

RAYAGADA

State

ODISHA





What is IFSC Code of STATE BANK OF INDIA situated at GUNUPUR BAZAR BRANCH- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at GUNUPUR BAZAR BRANCH - RTGS-HO is

SBIN0016131

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.