IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - RUPNAGAR - MORINDA - ADB MORINDA

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


IFSC Code

SBIN0005849

MICR Code

140002101

Branch

ADB MORINDA

Contact

0

Address

DIST RUPNAGAR PUNJAB 140 101

City

MORINDA

District

RUPNAGAR

State

PUNJAB





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

SBIN0005849

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.