State Bank of India - RETAIL ASSETS CENTRAL PROCESSING CENTRE (RACPC), COIMBATORE

Details about the IFSC1 SBIN0010042:

Bank: State Bank of India
Bank Branch: RETAIL ASSETS CENTRAL PROCESSING CENTRE (RACPC), COIMBATORE (IN-TN)
Country: India
District/State: COIMBATORE / TAMIL NADU
City: COIMBATORE
Address: KURINJI COMPLEX,STATE BANK ROAD,COIMBATORE
IFSC:1 SBIN0010042
MICR:2 641002123




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.