State Bank of India - MALGI

Details about the IFSC1 SBIN0007608:

Bank: State Bank of India
Bank Branch: MALGI (IN-KA)
Country: India
District/State: UTTARA KANNADA / KARNATAKA
City: MALGI
IFSC:1 SBIN0007608
MICR:2 581002345




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.