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State Bank of India - PROOF ROAD, BALASORE

Details about the IFSC1 SBIN0012047:

Bank: State Bank of India
Bank Branch: PROOF ROAD, BALASORE (IN-OR)
Country: India
District/State: BALASORE / ODISHA
City: BALASORE
IFSC:1 SBIN0012047
MICR:2 756002007




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.