State Bank Of India, Anand Nagar Khandwa, Madhya Pradesh , IFSC and MICR Code

Find IFSC along with MICR code for the State Bank Of India Odhav Branch located in Khandwa district or city, Madhya Pradesh state. Also, get the addresses and contact numbers.

STATE BANK OF INDIA

Bank

STATE BANK OF INDIA

IFSC Code

SBIN0012159

Micr code 450002014
Branch Anand Nagar Khandwa
Address 12 Anandnagar Khandwa, Sihada Road, Khandwa, Disteast Nimar450001
District Khandwa

What is STATE BANK OF INDIA IFSC or IFS code

Full form of IFSC is The Indian Financial System Code. IFSC is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems

What is NEFT in banking

NEFT stands for National Electronic Funds Transfer (NEFT). NEFT in India is an electronic payment system developed by RBI to facilitate the transfer of funds by customers from one bank to another. It is a secure, economical, reliable, and efficient system of money transfer between banks.