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State Bank of India - SATHY ROAD, ERODE

Details about the IFSC1 SBIN0016100:

Bank: State Bank of India
Bank Branch: SATHY ROAD, ERODE (IN-TN)
Country: India
District/State: ERODE / TAMIL NADU
City: ERODE
IFSC:1 SBIN0016100
MICR:2 638002037




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.