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

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


IFSC Code

SBMY0041061

MICR Code

587006510

Branch

KESARAGOPPA

Contact

9880926322

Address

SY NO 42 WARD NO 1 KESARAGOPPA 587312 MUDHOL TALUK BAGALKOTE DIST

City

MUDHOL

District

BAGALKOTE

State

KARNATAKA





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

SBMY0041061

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.