IFSC Code, MICR Codes for STATE BANK OF INDIA in UTTAR PRADESH - BARABANKI - BARABANKI - SOMAIYA NAGAR

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


IFSC Code

SBIN0006923

MICR Code

225002007

Branch

SOMAIYA NAGAR

Contact

0

Address

DEWA ROAD SOMAIYANAGAR BARABANKI STATE UTTAR PRADESH PIN 225123

City

BARABANKI

District

BARABANKI

State

UTTAR PRADESH





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

SBIN0006923

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.