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

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


IFSC Code

SBIN0017743

MICR Code

WAITING

Branch

SIVADHAPURAM

Contact

9442648705

Address

NO 170 BY BMALLAN KATTAN STREETMUNSIF THOTTAMSIVADHAPURAMDISTT.SALEM.TAMIL NADU 636307

City

SALEM

District

SALEM

State

TAMIL NADU





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

SBIN0017743

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.