IFSC Code, MICR Codes for STATE BANK OF INDIA in UTTAR PRADESH - RAEBAREILI - SATAON - GURBUXGANJ

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


IFSC Code

SBIN0008055

MICR Code

229002004

Branch

GURBUXGANJ

Contact

0

Address

LALGANJ ROAD GURBUXGANJ DT RAE BARELI U P PIN 229122

City

SATAON

District

RAEBAREILI

State

UTTAR PRADESH





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

SBIN0008055

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.