IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - NILGIRIS - KOTAGIRI - KOTAGIRI

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


IFSC Code

SBIN0004876

MICR Code

643002059

Branch

KOTAGIRI

Contact

0

Address

UNITY SHOPPING ARCADE METTUPALAYAM RD. KOTAGIRI NILGIRIS

City

KOTAGIRI

District

NILGIRIS

State

TAMIL NADU





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

SBIN0004876

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.