IFSC Code, MICR Codes for STATE BANK OF INDIA in WEST BENGAL - PURBA MEDINIPUR - DASPUR - DASPUR

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


IFSC Code

SBIN0012442

MICR Code

721002709

Branch

DASPUR

Contact

0

Address

PURBA MEDINIPUR DISTRICT WEST BENGAL 721211

City

DASPUR

District

PURBA MEDINIPUR

State

WEST BENGAL





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

SBIN0012442

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.