IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - JALANDHAR - JALLANDHAR - NRI JALANDHAR

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


IFSC Code

SBIN0005832

MICR Code

144002016

Branch

NRI JALANDHAR

Contact

0

Address

917-918 G T ROAD NEAR BUS STAND JALANDHAR PIN - 144001

City

JALLANDHAR

District

JALANDHAR

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at NRI JALANDHAR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at NRI JALANDHAR - RTGS-HO is

SBIN0005832

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.