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

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


IFSC Code

SBIN0017920

MICR Code

WAITING

Branch

NRI VELLORE

Contact

9445009554

Address

NO8 AUXILIUM COLLEGE ROADGANDHI NAGARVELLORE DISTT.VELLORE. TAMIL NADU632006

City

VELLORE

District

VELLORE

State

TAMIL NADU





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

SBIN0017920

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.