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

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


IFSC Code

SBIN0016306

MICR Code

NA

Branch

NRI PHILLAUR

Contact

0

Address

NRI PHILLAUR BRANCH NURMAHAL ROAD PHILLAUR DISTT. JALANDHAR. PUNJAB144410

City

PHILLAUR

District

JALANDHAR

State

PUNJAB





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

SBIN0016306

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.