IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - FEROZEPUR - JHOKE MORHE - JHOKE MORHE

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


IFSC Code

SBIN0005576

MICR Code

152002131

Branch

JHOKE MORHE

Contact

0

Address

DIST FEROZEPUR PUNJAB 152002

City

JHOKE MORHE

District

FEROZEPUR

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at JHOKE MORHE- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at JHOKE MORHE - RTGS-HO is

SBIN0005576

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.