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State Bank of India - PALM BEACH ROAD, NERUL

Details about the IFSC1 SBIN0005088:

Bank: State Bank of India
Bank Branch: PALM BEACH ROAD, NERUL (IN-MH)
Country: India
District/State: GREATER BOMBAY / MAHARASHTRA
City: MUMBAI
IFSC:1 SBIN0005088
MICR:2 400002160




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.