State Bank of India - BARAMKELA

Details about the IFSC1 SBIN0007241:

Bank: State Bank of India
Bank Branch: BARAMKELA (IN-CT)
Country: India
District/State: RAIGARH / CHHATTISGARH
City: BARAMKELA
Address: DISTRAIGARH CHATTISGARH 496551
IFSC:1 SBIN0007241
MICR:2 496002517




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.