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State Bank of India - DWARAKA NAGAR

Details about the IFSC1 SBIN0003060:

Bank: State Bank of India
Bank Branch: DWARAKA NAGAR (IN-AP)
Country: India
District/State: VISHAKAPATNAM / ANDHRA PRADESH
City: VISAKHAPATNAM
IFSC:1 SBIN0003060
MICR:2 530002008




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.