IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - AMRITSAR - AJNALA ROAD - AJNALA ROAD AMRITSAR

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


IFSC Code

SBIN0011895

MICR Code

143002998

Branch

AJNALA ROAD AMRITSAR

Contact

0

Address

AJNALA ROADDISTAMRITSAR143006

City

AJNALA ROAD

District

AMRITSAR

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at AJNALA ROAD AMRITSAR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at AJNALA ROAD AMRITSAR - RTGS-HO is

SBIN0011895

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.