IFSC Code, MICR Codes for STATE BANK OF MYSORE in ANDHRA PRADESH - VISHAKHAPATNAM - VISAKHAPATNAM - KURMANAPALEM

STATE BANK OF MYSORE RTGS HO Branch in VISAKHAPATNAM - Address, IFSC, MICR Code


IFSC Code

SBMY0041024

MICR Code

NA

Branch

KURMANAPALEM

Contact

0

Address

FLAT NO.103 AND 104KURMANAPALEM OPP.CANARA BANK HOUSING LOAN DIVISIONVISAKHAPATNAM 530046

City

VISAKHAPATNAM

District

VISHAKHAPATNAM

State

ANDHRA PRADESH





What is IFSC Code of STATE BANK OF MYSORE situated at KURMANAPALEM- RTGS-HO?
IFSC Code of STATE BANK OF MYSORE situated at KURMANAPALEM - RTGS-HO is

SBMY0041024

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.