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

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


IFSC Code

SBIN0001557

MICR Code

722002503

Branch

SONAMUKHI

Contact

0

Address

DIST BANKURA WEST BENGAL 722207

City

SONAMUKHI

District

BANKURA

State

WEST BENGAL





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

SBIN0001557

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.