State Bank of India - SBS NAGAR, LUDHIANA
Details about the IFSC1 SBIN0011972:
Bank: State Bank of India
District/State: LUDHIANA / PUNJAB
City: SBS NAGAR
IFSC:1 SBIN0011972
MICR:2 141002042
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.