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Bank Details for MICR: 160007088

Bank NameState Bank Of Patiala
Branch Name Mattawala Billa
Branch Code 001550
IFSC Code STBP0001550
MICR Code 160007088
Bank Address State Bank Of Patiala Mount Litera School Vill Mattawala Billa Po Kot Distt Panchkula Pin Code 13411
State Name Haryana
City / Area Chandigarh
District Name Panchkula
Contact Details9977726

MICR code - 160007088 of bank Mattawala Billa Panchkula Haryana India State Bank Of Patiala is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - STBP0001550 of bank State Bank Of Patiala and MICR code - 160007088 of bank State Bank Of Patiala is use to do any online transaction or transaction related to the Mattawala Billa branch of State Bank Of Patiala Panchkula Haryana. an Invalid use ifsc code or micr code will lead to failur of the transaction.

Map Location for 160007088

MICR Code: Magnetic Ink Character Recognition MICR CODE is printed on cheque book to facilitate the Process of cheques.

National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporates to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. NEFT transfers are also referred as e-cheques as the funds are not transferred in real-time and the funds are settled in batches.

'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). You need the IFSC Code to identify the Branch for which you will want to transfer funds using RTGS. Note all branches don't have IFSC Codes.

'IMPS' is Immediate Payment Service and it is commonly known as Interbank Mobile Payment Service. IMPS uses IFSC codes to offer a number of fund transfer services instantly in a round the clock environment. National Payments Corporation of India (NPCI), which is an organization that regulates the retail payments in India, has provided this facility.