IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - VILLUPURAM - MAILAM - MAILAM

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


IFSC Code

SBIN0005635

MICR Code

604002081

Branch

MAILAM

Contact

0

Address

PONDY ROAD TINDIVANAM TALUK VILLUPURAM DISTT TAMIL NADU 604304

City

MAILAM

District

VILLUPURAM

State

TAMIL NADU





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

SBIN0005635

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.