IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - PATIALA - GHARAM - GHARAM

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


IFSC Code

SBIN0007448

MICR Code

141002081

Branch

GHARAM

Contact

0

Address

DIST PATIALA PUNJAB

City

GHARAM

District

PATIALA

State

PUNJAB





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

SBIN0007448

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.