IFSC Code, MICR Codes for STATE BANK OF MYSORE in KARNATAKA - HASSAN - ARKALGUD - FORT ARKALGUD

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


IFSC Code

SBMY0041102

MICR Code

573006525

Branch

FORT ARKALGUD

Contact

9731332792

Address

SASO5 MALLIPATNA ROAD FORT BRANCH ARKALGUD

City

ARKALGUD

District

HASSAN

State

KARNATAKA





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

SBMY0041102

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.