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State Bank of India - NEW KATNI JUNCTION

Details about the IFSC1 SBIN0004936:

Bank: State Bank of India
Bank Branch: NEW KATNI JUNCTION (IN-MP)
Country: India
District/State: KATNI / MADHYA PRADESH
City: KATNI
IFSC:1 SBIN0004936
MICR:2 483002006




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.