IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - PATIALA - MANDI GOBINDGARH - CITY BRANCH MANDI GOBINDGARH

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


IFSC Code

SBIN0016199

MICR Code

NA

Branch

CITY BRANCH MANDI GOBINDGARH

Contact

0

Address

POST OFFICE ROADMANDI GOBINDGARHDISTT. PATIALAPUNJAB 147301

City

MANDI GOBINDGARH

District

PATIALA

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at CITY BRANCH MANDI GOBINDGARH- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at CITY BRANCH MANDI GOBINDGARH - RTGS-HO is

SBIN0016199

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.