IFSC Code, MICR Codes for STATE BANK OF MYSORE in KARNATAKA - BANGALORE RURAL - NELAMANGALA - BASAVANAHALLI

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


IFSC Code

SBMY0041066

MICR Code

NA

Branch

BASAVANAHALLI

Contact

9590133605

Address

SY NO 185 20 DODDABALLAPUR ROAD NEAR PANCHAYATH OFFICE BASAVANAHALLI VILLAGE NELMANGALA TALUK BANGALORE NORTH

City

NELAMANGALA

District

BANGALORE RURAL

State

KARNATAKA





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

SBMY0041066

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.