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State Bank of India - SHARAVATHYNAGR EXTN, SHIMOGA

Details about the IFSC1 SBIN0015316:

Bank: State Bank of India
Bank Branch: SHARAVATHYNAGR EXTN, SHIMOGA (IN-KA)
Country: India
District/State: SHIMOGA / KARNATAKA
City: SHIMOGA
IFSC:1 SBIN0015316
MICR:2 577002205




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.