IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - VELLORE - ARKONAM - INS RAJALI

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


IFSC Code

SBIN0017880

MICR Code

WAITING

Branch

INS RAJALI

Contact

9486016539

Address

INS RAJALI NAVAL AIR BASE CAMP POSTARKONAM DISTT.VELLORETAMIL NADU631006

City

ARKONAM

District

VELLORE

State

TAMIL NADU





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

SBIN0017880

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.