IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - JALANDHAR - DAV UNIV SARMASTPUR - DAV UNIV.SARMASTPUR JALANDHAR

STATE BANK OF INDIA RTGS HO Branch in DAV UNIV SARMASTPUR - Address, IFSC, MICR Code


IFSC Code

SBIN0016307

MICR Code

NA

Branch

DAV UNIV.SARMASTPUR JALANDHAR

Contact

0

Address

DAV UNIV.SARMASTPUR DISTT. JALANDHAR.PUNJAB 144301 MOB 9815441079

City

DAV UNIV SARMASTPUR

District

JALANDHAR

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at DAV UNIV.SARMASTPUR JALANDHAR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at DAV UNIV.SARMASTPUR JALANDHAR - RTGS-HO is

SBIN0016307

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.