IFSC Code, MICR Codes for STATE BANK OF PATIALA in DELHI - NEW DELHI - DELHI - NEW DELHI DEFENCE COLONY

STATE BANK OF PATIALA RTGS HO Branch in DELHI - Address, IFSC, MICR Code


IFSC Code

STBP0000329

MICR Code

WAITING

Branch

NEW DELHI DEFENCE COLONY

Contact

229540

Address

23 DEFENCE COLONY MARKET NEW DELHI -110024

City

DELHI

District

NEW DELHI

State

DELHI





What is IFSC Code of STATE BANK OF PATIALA situated at NEW DELHI DEFENCE COLONY- RTGS-HO?
IFSC Code of STATE BANK OF PATIALA situated at NEW DELHI DEFENCE COLONY - RTGS-HO is

STBP0000329

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.