IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - SALEM - SALEM - KANNANKURICHI SALEM

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


IFSC Code

SBIN0017121

MICR Code

WAITING

Branch

KANNANKURICHI SALEM

Contact

9445865743

Address

NO 118 BY 5ANNAMALAI AVENUEKANNANKURICHI MAIN ROADKANNANKURICHISALEMT.N 636007

City

SALEM

District

SALEM

State

TAMIL NADU





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

SBIN0017121

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.