IFSC Code, MICR Codes for STATE BANK OF MYSORE in KARNATAKA - BAGALKOTE - MUDHOL - MUDHOL

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


IFSC Code

SBMY0040858

MICR Code

NA

Branch

MUDHOL

Contact

0

Address

CTS NO 2655 WARD NO 05 OPP GANESH TEMPLE MUDHOL 587313 BAGALKOT DIST

City

MUDHOL

District

BAGALKOTE

State

KARNATAKA





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

SBMY0040858

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.