IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - THIRUVALLUR - CHENNAI - CONCOR TONDIARPET

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


IFSC Code

SBIN0015516

MICR Code

NA

Branch

CONCOR TONDIARPET

Contact

0

Address

CONTAINER FREIGHT STATION SATHANKADU TIRUVOTTIYUR CHENNAI 600 019

City

CHENNAI

District

THIRUVALLUR

State

TAMIL NADU





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

SBIN0015516

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.