IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - FARIDKOT - KOT KAPURA - ADB KOTKAPURA

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


IFSC Code

SBIN0001774

MICR Code

151002261

Branch

ADB KOTKAPURA

Contact

0

Address

FARIDKOT ROAD DISTT. FARIDKOT PUNJAB 151204

City

KOT KAPURA

District

FARIDKOT

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at ADB KOTKAPURA- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at ADB KOTKAPURA - RTGS-HO is

SBIN0001774

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.