SBIN0000594 IFSC Code, STATE BANK OF INDIA, KOTKHAI

IFSC Code of State Bank Of India, Kotkhai, Himachal Pradesh IFSC CODE & MICR CODE

STATE BANK OF INDIA, KOTKHAI - SBIN0000594

  • Bank name: STATE BANK OF INDIA

Bank Address: Dist Simla, Himachal Pradesh 171202

  • IFSC Code sbin0000594
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number
  • Bank branch KOTKHAI
  • Bank ISO3166 Code IN-HP
  • Bank Center SHIMLA
  • MICR Code 171002051
  • State name HIMACHAL PRADESH
  • District name SHIMLA
  • City name SIMLA
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for STATE BANK OF INDIA, KOTKHAI branch is SBIN0000594, ensures that your transactions are directed to the correct branch.

How to Use SBIN0000594 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the KOTKHAI branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.