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

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


IFSC Code

SBIN0016901

MICR Code

NA

Branch

SIRHIND ROAD PATIALA

Contact

0

Address

ADJACENT LG SHOWROOMNEAR HEMKUND PETROL PUMP SIRHIND ROAD PATIALA. DISTT.PATIALA. PUNJAB 147004

City

PATIALA

District

PATIALA

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at SIRHIND ROAD PATIALA- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at SIRHIND ROAD PATIALA - RTGS-HO is

SBIN0016901

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.