State Bank of India - BALOD

Details about the IFSC1 SBIN0000320:

Bank: State Bank of India
Bank Branch: BALOD (IN-CT)
Country: India
District/State: DURG / CHHATTISGARH
City: BALOD
Address: DIST DURG, CHHATTISGARH 491 226
IFSC:1 SBIN0000320
MICR:2 491002506




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.