IFSC Code MICR No Details for State Bank of India (SBI) Akola Branch in Akola, Maharashtra
 
 
 
 

State Bank of India (SBI) Akola Branch IFSC Code SBIN0000306 Details

  IFSC Code :  SBIN0000306
  Bank :  STATE BANK OF INDIA (SBI)
  Branch :  AKOLA
  MICR No :  444002001
  Address :  NR. TOWER, AKOLA-444001
  Branch Email :  [email protected]
  Branch Contact No :  IP:109536 0724-2435052
  Customer Care Eamil :  [email protected]
  Customer Care No :  Toll free Number : 1800 11 2211, 1800 425 3800
  District :  AKOLA
  State :  MAHARASHTRA

What is IFSC Code of State Bank of India (SBI) Akola Branch in Akola, Maharashtra ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of SBI is provided by RBI. It is identifies branch which participate in online fund transfers. It is a unique code for branch. SBI IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)
State Bank of India (SBI) Akola Branch IFSC Code SBIN0000306 & MICR 444002001 Maharashtra State Akola District. Akola Branch Address is NR. TOWER, AKOLA-444001 Contact No IP:109536 0724-2435052 SBI Akola Branch email id [email protected] SBI Customer care email [email protected], Customer care phone number Toll free Number : 1800 11 2211, 1800 425 3800.
How to use SBI Akola Branch SWIFT, BIC Code in Akola, Maharashtra
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. State Bank of India (SBI) SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
MICR code for State Bank of India (SBI) Akola Branch is 444002001. This MICR code 444002001 is used to get bank account details of customer for cheque clearance.
What is MICR No of State Bank of India (SBI) Akola Branch in Akola, Maharashtra and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. State Bank of India (SBI) Akola MICR No is 444002001 used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.
SBI Akola branch IFSC Code is SBIN0000306. It is also available at bottom of cheque. This code SBIN0000306 is helpful to know AKOLA branch details of the SBI when we made online transaction of fund through NEFT,RTGS,mobile banking, bill payments, Credit card payment, online booking etc.
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IFSC: Indian Financial System Code
BSR: Basic Statistical Return
BIC: Bank Identifier Code
MICR: Magnetic ink character recognition
NEFT: National Electronic Funds Transfer
RTGS: Real Time Gross Settlement
CIN: Challan Identification Number
SWIFT: Society for Worldwide Interbank Financial Telecommunication
How to use State Bank of India (SBI) Akola Branch IFSC Code SBIN0000306 in NEFT & RGTS Transfer at Akola, Maharashtra
Real Time Gross Settlement (RTGS) & National Electronic Funds Transfer (NEFT) are a nation-wide online fund transfer system supported by RBI. RGTS & NEFT facilitates individuals (Saving Account), firms and corporate (Current Account) to transfer small and medium amount from any State Bank of India (SBI) branch to any individual Saving A/c, firm or corporate Current A/c having an account with any other Bank branch in the India. State Bank of India (SBI) Akola IFSC Code SBIN0000306 information can also be used to do online Net banking, Electricity, Mobil, credit card Bill payments, health insurance premium payments, Flight, Bus and Train ticket booking, online shopping, loan emi payments, online Share equity Trading Fund Transfer, buying mutual funds, bonds, egold, Gold EFTs etc.