IFSC Code, MICR Codes for STATE BANK OF INDIA in WEST BENGAL - PASCHIM MEDINIPUR - MEDINIPUR - BARACHANDABILA SAB

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


IFSC Code

SBIN0009843

MICR Code

721002852

Branch

BARACHANDABILA SAB

Contact

0

Address

POBARACHANDRABILADT MIDNAPOREWEST BENGAL 721507

City

MEDINIPUR

District

PASCHIM MEDINIPUR

State

WEST BENGAL





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

SBIN0009843

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.