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State Bank of India - IOC REFINERY COLONY BRANCH

Details about the IFSC1 SBIN0016124:

Bank: State Bank of India
Bank Branch: IOC REFINERY COLONY BRANCH (IN-OR)
Country: India
District/State: JAGATSINGHPUR / ODISHA
City: BHUBANESWAR
IFSC:1 SBIN0016124
MICR:2 754002551




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.