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

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


IFSC Code

SBIN0004271

MICR Code

638002057

Branch

NAMBIYUR

Contact

0

Address

12 PULIAMPATTI ROAD NAMBIYUR SARVODAYA BUILDING DISTT. ERODE TAMIL NADU 638458

City

NAMBIYUR

District

ERODE

State

TAMIL NADU





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

SBIN0004271

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.