IFSC Code, MICR Codes for STATE BANK OF INDIA in WEST BENGAL - KOLKATA - KOLKATA - LAKE TOWN

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


IFSC Code

SBIN0001506

MICR Code

700002133

Branch

LAKE TOWN

Contact

0

Address

P BY 871 BLOCK-A LAKE TOWN DISTT. NORTH 24 PARGANAS WEST BENGAL 700 089

City

KOLKATA

District

KOLKATA

State

WEST BENGAL





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

SBIN0001506

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.