IFSC Code, MICR Codes for STATE BANK OF INDIA in PUNJAB - SRI MUKTSAR SAHIB - MALOUT - G T ROAD MALOUT

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


IFSC Code

SBIN0017018

MICR Code

NA

Branch

G T ROAD MALOUT

Contact

0

Address

OPPOSITE MAKKAR PLACEG.T.ROADMALOUTDISTT.SRI MUKTSAR SAHIB.PUNJAB 152107

City

MALOUT

District

SRI MUKTSAR SAHIB

State

PUNJAB





What is IFSC Code of STATE BANK OF INDIA situated at G T ROAD MALOUT- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at G T ROAD MALOUT - RTGS-HO is

SBIN0017018

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.