IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - TOOTHUKUDI - TUTICORIN - SATHANKULAM

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


IFSC Code

SBIN0017987

MICR Code

WAITING

Branch

SATHANKULAM

Contact

9486041498

Address

NO 11 WARD 14 NAZARETH ROADSATHANKULAM SATHANKULAM TALUK TUTICORINTAMIL NADU628704

City

TUTICORIN

District

TOOTHUKUDI

State

TAMIL NADU





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

SBIN0017987

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.