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State Bank of India - KING KOTI, HYDERABAD

Details about the IFSC1 SBIN0007109:

Bank: State Bank of India
Bank Branch: KING KOTI, HYDERABAD (IN-AP)
Country: India
District/State: HYDERABAD URBAN / ANDHRA PRADESH
City: HYDERABAD
IFSC:1 SBIN0007109
MICR:2 500002024




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.