State Bank of India - LOVEDALE

Details about the IFSC1 SBIN0003162:

Bank: State Bank of India
Bank Branch: LOVEDALE (IN-TN)
Country: India
District/State: NILGIRIS / TAMIL NADU
City: UDHAGAMANDAL
IFSC:1 SBIN0003162
MICR:2 643002009




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.