State Bank of India - ARAKU VALLEY

Details about the IFSC1 SBIN0002691:

Bank: State Bank of India
Bank Branch: ARAKU VALLEY (IN-AP)
Country: India
District/State: VISHAKAPATNAM / ANDHRA PRADESH
City: ARUKU VALLEY
Address: DIST VISAKHAPATNAM, A P 531149
IFSC:1 SBIN0002691
MICR:2 530002582




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.