State Bank of India - VELANGI

Details about the IFSC1 SBIN0002806:

Bank: State Bank of India
Bank Branch: VELANGI (IN-AP)
Country: India
District/State: EAST GODAVARI / ANDHRA PRADESH
City: VELANGI
Address: KAKINADA TALUQ, DISTT EAST GODAVARI, ANDHRA PRADESH 533260
IFSC:1 SBIN0002806
MICR:2 533002844




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.