State Bank of India - NRI PHAGWARA

Details about the IFSC1 SBIN0004240:

Bank: State Bank of India
Bank Branch: NRI PHAGWARA (IN-PB)
Country: India
District/State: KAPURTHALA / PUNJAB
City: KAPURTHALA
Address: 17 BY A,MODEL TOWN, G.T.ROAD,PHAGWARA,DIST KAPURTHALA, PUNJAB 144401
IFSC:1 SBIN0004240
MICR:2 144002099




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.