State Bank of India - RAYACHOTY

Details about the IFSC1 SBIN0000761:

Bank: State Bank of India
Bank Branch: RAYACHOTY (IN-AP)
Country: India
District/State: CUDDAPAH / ANDHRA PRADESH
City: RAYACHOTI
Address: DIST CUDDAPAH, ANDHRA PRADESH 516269
IFSC:1 SBIN0000761
MICR:2 516002622




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.