IFSC Code, MICR Codes for STATE BANK OF INDIA in RAJASTHAN - KOTA - KOTA - ADB KOTA

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


IFSC Code

SBIN0001838

MICR Code

324002001

Branch

ADB KOTA

Contact

0

Address

STATION RDKOTARAJASTHAN

City

KOTA

District

KOTA

State

RAJASTHAN





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

SBIN0001838

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.