State Bank of India - MAGAM BUDGAM

Details about the IFSC1 SBIN0015981:

Bank: State Bank of India
Bank Branch: MAGAM BUDGAM (IN-JK)
Country: India
District/State: BUDGAM / JAMMU AND KASHMIR
City: MAGAM
Address: HYDERIYA SHOPPING COMPLEX, GULMARG ROAD, MAGAM, DISTT. BUDGAM. JAMMU AND KASHMIR 193401
IFSC:1 SBIN0015981
MICR:2 191002002




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.