IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - AMRITSAR - CLEARING CPC - CLEARING CPC AMRITSAR

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


IFSC Code

SBIN0010157

MICR Code

143002999

Branch

CLEARING CPC AMRITSAR

Contact

0

Address

CLEARING CPC TOWN HALL AMRITSAR

City

CLEARING CPC

District

AMRITSAR

State

PUNJAB





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

SBIN0010157

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.