IFSC Code, MICR Codes for STATE BANK OF INDIA in RAJASTHAN - JODHPUR - VPO NEWRA ROAD - NEWRA ROAD

STATE BANK OF INDIA RTGS HO Branch in VPO NEWRA ROAD - Address, IFSC, MICR Code


IFSC Code

SBIN0016161

MICR Code

NA

Branch

NEWRA ROAD

Contact

0

Address

NEWRA ROADTEH.OSIAN DISTT. JODHPUR RAJASTHAN342303

City

VPO NEWRA ROAD

District

JODHPUR

State

RAJASTHAN





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

SBIN0016161

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.