IFSC Code, MICR Codes for STATE BANK OF INDIA in TAMIL NADU - VIRUDHUNAGAR - VIRUDHUNAGAR - VIRUDHUNAGAR TOWN

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


IFSC Code

SBIN0016317

MICR Code

NA

Branch

VIRUDHUNAGAR TOWN

Contact

0

Address

7A PULUKOORANI ROAD NEAR OLD BUSSTAND VIRUDHUNAGARDISTT. VIRUDHUNAGAR.TAMIL NADU 626001

City

VIRUDHUNAGAR

District

VIRUDHUNAGAR

State

TAMIL NADU





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

SBIN0016317

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.