State Bank of India - MALVAN

Details about the IFSC1 SBIN0000420:

Bank: State Bank of India
Bank Branch: MALVAN (IN-MH)
Country: India
District/State: SINDUDURG / MAHARASHTRA
City: MALVAN
Address: DIST SINDHUDURG MAHARASHTRA 416606
IFSC:1 SBIN0000420
MICR:2 416002886




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.