State Bank of India - MAGADI ROAD, BANGALORE

Details about the IFSC1 SBIN0009047:

Bank: State Bank of India
Bank Branch: MAGADI ROAD, BANGALORE (IN-KA)
Country: India
District/State: BANGALORE URBAN / KARNATAKA
City: BANGALORE
IFSC:1 SBIN0009047
MICR:2 560002060




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.