IFSC Code, MICR Codes for STATE BANK OF INDIA in WEST BENGAL - BANKURA - SANTASRAM - SANTASRAM

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


IFSC Code

SBIN0008931

MICR Code

722002511

Branch

SANTASRAM

Contact

0

Address

DIST BANKURAWEST BENGAL 722206

City

SANTASRAM

District

BANKURA

State

WEST BENGAL





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

SBIN0008931

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.