What is IFSC Code of State Bank of Mysore (SBM) Erode Branch in Erode, Tamil Nadu ?
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 SBM Bank is provided by RBI. SBM Bank IFSC Code identifies branch which participate in online fund transfers. IFSC code State Bank of Mysore (SBM) Branch is a unique code for branch. SBM Bank 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 Mysore (SBM) Erode Branch IFSC Code SBMY0040377 & MICR Tamil Nadu State Erode District located SBM Bank Erode Branch Address is ERODE-638001 Contact No 4242214403 SBM Bank Erode email id [email protected] ifsc code is SBMY0040377 & micr is
What is SWIFT CODE of SBM Bank Erode Branch in Erode, Tamil Nadu ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same. The SWIFT code is 8 or 11 characters
Example: AAAAUK5CXXX
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code, optional ('XXX' for primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.
State Bank of Mysore (SBM) of Erode Branch IFSC code SBMY0040377, MICR NO is in Erode district of Tamil Nadu State. SBM Bank Customer care email [email protected]. State Bank of Mysore (SBM) Customer care phone number Toll Free Number 1800-425-2244 (BSNL/MTNL).
How to use SBM Bank Erode Branch SWIFT, BIC Code in Erode, Tamil Nadu
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. State Bank of Mysore (SBM) 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 of SBM Bank 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 Mysore (SBM) Erode Branch is . This MICR code is used to get bank account details of customer for cheque clearance.
What is MICR No of State Bank of Mysore (SBM) Erode Branch in Erode, Tamil Nadu 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 Mysore (SBM) Erode MICR No is 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 SBM Bank 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.
IFSC code for SBM Bank Erode branch IFSC Code is SBMY0040377. IFSC code is also available at bottom of cheque of STATE BANK OF MYSORE (SBM). This code SBMY0040377 is helpful to know ERODE branch details of the SBM Bank when we made online transaction of fund through NEFT,RTGS,mobile banking, bill payments, Credit card payment, online booking etc.