IFSC Code, MICR Codes for STATE BANK OF INDIA in SIKKIM - SOUTH SIKKIM - YANGYANG - YANGANG

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


IFSC Code

SBIN0012420

MICR Code

NA

Branch

YANGANG

Contact

0

Address

SOUTH SIKKIM DISTRICTSIKKIM 737134

City

YANGYANG

District

SOUTH SIKKIM

State

SIKKIM





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

SBIN0012420

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.