IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - TIRUVALLUR - PARUTHIPATTU - PARUTHIPATTU

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


IFSC Code

SBIN0016788

MICR Code

NA

Branch

PARUTHIPATTU

Contact

0

Address

554 AVADI POONAMALLEE MAIN ROAD UK COMPLEX PARITHUPATTU AVADI DISTT.TIRUVALLURTAMIL NADU 600071

City

PARUTHIPATTU

District

TIRUVALLUR

State

TAMIL NADU





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

SBIN0016788

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.