IFSC Code, MICR Codes for STATE BANK OF PATIALA in PUNJAB - SANGRUR - DHANAULA - DHANAULA

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


IFSC Code

STBP0000605

MICR Code

WAITING

Branch

DHANAULA

Contact

263515

Address

VILL & DISTT SANGRUR

City

DHANAULA

District

SANGRUR

State

PUNJAB





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

STBP0000605

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.