State Bank Of India, Nri Phagwara, Punjab , IFSC and MICR Code
Find IFSC along with MICR code for the State Bank Of India Odhav Branch located in Kapurthala district or city, Punjab state. Also, get the addresses and contact numbers.
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Bank |
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IFSC Code |
SBIN0004240 |
| Micr code | 144002099 |
| Branch | Nri Phagwara |
| Address | 17 By A, Model Town, G.t.road, Phagwara, Dist Kapurthala, Punjab 144401 |
| District | Kapurthala |
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.