State Bank of India - PARAMATHY VELUR

Details about the IFSC1 SBIN0011060:

Bank: State Bank of India
Bank Branch: PARAMATHY VELUR (IN-TN)
Country: India
District/State: ERODE / TAMIL NADU
City: PARAMATHI
Address: DIST NAMAKKAL, TAMIL NADU
IFSC:1 SBIN0011060
MICR:2 638002870




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.