IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - ERODE - ERODE - URC NAGAR ERODE

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


IFSC Code

SBIN0012779

MICR Code

638002024

Branch

URC NAGAR ERODE

Contact

0

Address

100 BY 2 PERUNDURAI ROADCHINNA SENGODAMPALAYAMURC NAGARTHINDALERODE638012

City

ERODE

District

ERODE

State

TAMIL NADU





What is IFSC Code of STATE BANK OF INDIA situated at URC NAGAR ERODE- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at URC NAGAR ERODE - RTGS-HO is

SBIN0012779

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.