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SBI Bhatakumurada IFSC Code SBIN0006123. SBI Bank IFSC Code of Bhatakumurada Branch of Bhatakumurada is SBIN0006123. For Adding beneficiary / Payee name enter SBI Bank Bhatakumurada IFSC Code SBIN0006123 in the net banking panel of your bank. Once you add IFSC Code of SBI Bhatakumurada Branch, you can do NEFT / RTGS transaction online to payee's SBI Account regularly and quickly.
The IFSC code is mandatory for electronic fund transfer. It is a code that is assigned to most major bank branches in India. An example of an IFSC code is ICIC0001422. First four characters: The first four characters are used to identify the bank. In the example above 'ICIC' is an identifier for ICICI Bank Ltd. Fifth character: The fifth character is always zero (0) and is reserved for future use. Last six characters: The last 6 characters are used to identify the branch. '001422' is the 'BANGALORE MANYATA TECH PARK KARNATAKA' branch of ICICI Bank Ltd. Understanding the MICR code The MICR code is an older code that was introduced in the early 1980's to simplify fund transfer via checks or Demand Drafts (DD).