TheBankCodes.com

State Bank of India - SECTOR 10, BHILAI

Details about the IFSC1 SBIN0006942:

Bank: State Bank of India
Bank Branch: SECTOR 10, BHILAI (IN-CT)
Country: India
District/State: DURG / CHHATTISGARH
City: BHILAI
IFSC:1 SBIN0006942
MICR:2 490002007




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.