IFSC Code, MICR Codes for STATE BANK OF PATIALA in PUNJAB - MUKTSAR - KOT BHAI - KOT BHAI

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


IFSC Code

STBP0000060

MICR Code

WAITING

Branch

KOT BHAI

Contact

262076

Address

VPO KOT BHAI TEH MUKATSAR

City

KOT BHAI

District

MUKTSAR

State

PUNJAB





What is IFSC Code of STATE BANK OF PATIALA situated at KOT BHAI- RTGS-HO?
IFSC Code of STATE BANK OF PATIALA situated at KOT BHAI - RTGS-HO is

STBP0000060

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.