IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - HOSIARPUR - HOSHIARPUR - MANDI AREA HOSHIAPUR

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


IFSC Code

SBIN0001549

MICR Code

146002002

Branch

MANDI AREA HOSHIAPUR

Contact

0

Address

POST BOX NO.4 HOSHIARPUR PUNJAB 146001

City

HOSHIARPUR

District

HOSIARPUR

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at MANDI AREA HOSHIAPUR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at MANDI AREA HOSHIAPUR - RTGS-HO is

SBIN0001549

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.