IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - TIRUVANNAMALAI - SATHANUR - SATHANUR

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


IFSC Code

SBIN0007010

MICR Code

606002101

Branch

SATHANUR

Contact

0

Address

3 BY 49 PILLIAR KOIL STREET DISTT TIRUVANNAMALAI TAMIL NADU 606718

City

SATHANUR

District

TIRUVANNAMALAI

State

TAMIL NADU





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

SBIN0007010

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.