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State Bank of India - DAU INB

Details about the IFSC1 SBIN0016209:

Bank: State Bank of India
Bank Branch: DAU INB (IN-MH)
Country: India
District/State: RAIGARH / MAHARASHTRA
City: NAVI MUMBAI
IFSC:1 SBIN0016209
MICR:2 400002982




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.