IFSC Code, MICR Codes for STATE BANK OF INDIA in SIKKIM - NORTH SIKKIM - LACHUNG - LACHUNG

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


IFSC Code

SBIN0008510

MICR Code

737002514

Branch

LACHUNG

Contact

0

Address

LACHUNGDT NORTH SIKKIMSIKKIM 737120

City

LACHUNG

District

NORTH SIKKIM

State

SIKKIM





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

SBIN0008510

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.