State Bank of India - NAYAKANGUDEM

Details about the IFSC1 SBIN0008504:

Bank: State Bank of India
Bank Branch: NAYAKANGUDEM (IN-AP)
Country: India
District/State: KHAMMAM / ANDHRA PRADESH
City: NAYAKANGUDEM
Address: KHAMMAM, A P 507157
IFSC:1 SBIN0008504
MICR:2 507002622




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.