IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - VELLORE - SHOLINGUR - SHOLINGHUR

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


IFSC Code

SBIN0007611

MICR Code

631002102

Branch

SHOLINGHUR

Contact

0

Address

PLOT NO.603 BY 425 ARAKONAM ROAD

City

SHOLINGUR

District

VELLORE

State

TAMIL NADU





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

SBIN0007611

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.