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

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


IFSC Code

STBP0001068

MICR Code

WAITING

Branch

NAMOL

Contact

286116

Address

GURUDWARA NANAK PURI LONGOWAL ROAD NAMOLTEHSIL SUNAMDISTT. SANGRURPUNJAB PIN 148106

City

SUNAM

District

SANGRUR

State

PUNJAB





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

STBP0001068

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.