State Bank of India - NELLORE TOWN

Details about the IFSC1 SBIN0001163:

Bank: State Bank of India
Bank Branch: NELLORE TOWN (IN-AP)
Country: India
District/State: NELLORE / ANDHRA PRADESH
City: NELLORE
Address: RLY.FEEDERS RD., NELLORE-524004
IFSC:1 SBIN0001163
MICR:2 524002002




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.