IFSC Code, MICR Codes for STATE BANK OF INDIA in WEST BENGAL - KOLKATA - KOLKATA - BAC STREET

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


IFSC Code

SBIN0005583

MICR Code

700002083

Branch

BAC STREET

Contact

0

Address

29GANESH CHANDRA AVENUEBIPLABI ANKUL CHANDRA STREET KOLKATA WEST BENGAL PIN - 700013

City

KOLKATA

District

KOLKATA

State

WEST BENGAL





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

SBIN0005583

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.