State Bank of India - YAVATMAL

Details about the IFSC1 SBIN0000506:

Bank: State Bank of India
Bank Branch: YAVATMAL (IN-MH)
Country: India
District/State: YAVATMAL / MAHARASHTRA
City: YAVATMAL
Address: DIST YAVATMAL, MAHARASHTRA 445001
IFSC:1 SBIN0000506
MICR:2 445002967




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.