State Bank of India - BALODA BAZAR

Details about the IFSC1 SBIN0001048:

Bank: State Bank of India
Bank Branch: BALODA BAZAR (IN-CT)
Country: India
District/State: RAIPUR / CHHATTISGARH
City: BALODA BAZAR
Address: DIST RAIPUR, CHATTISGARH, 493332
IFSC:1 SBIN0001048
MICR:2 493002151




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.