IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - BHATINDA - BHAGTA - BHAGTA BHAI KA

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


IFSC Code

SBIN0011840

MICR Code

151002206

Branch

BHAGTA BHAI KA

Contact

0

Address

BHAGTA BHAIKAVPOBHAGTA BHAI KADTBHATINDA151206

City

BHAGTA

District

BHATINDA

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at BHAGTA BHAI KA- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at BHAGTA BHAI KA - RTGS-HO is

SBIN0011840

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.