IFSC Code, MICR Codes for STATE BANK OF INDIA in UTTAR PRADESH - BASTI - GAYGHAT BAZAR - GAYGHAT BAZAR BASTI

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


IFSC Code

SBIN0016950

MICR Code

NA

Branch

GAYGHAT BAZAR BASTI

Contact

0

Address

AT GAYGHAT BAZAR POST GAYGHAT BAZAR DISTT.BASTI. UTTAR PRADESH 272301

City

GAYGHAT BAZAR

District

BASTI

State

UTTAR PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at GAYGHAT BAZAR BASTI- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at GAYGHAT BAZAR BASTI - RTGS-HO is

SBIN0016950

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.