State Bank of India - KARUNGALPALAYAM

Details about the IFSC1 SBIN0016520:

Bank: State Bank of India
Bank Branch: KARUNGALPALAYAM (IN-TN)
Country: India
District/State: ERODE / TAMIL NADU
City: ERODE
Address: D NO. 46/147, MEENAKSHI SUNDARAM STREET, THIRU NAGAR COLONY, ERODE, DISTT. ERODE. TAMIL NADU 638003
IFSC:1 SBIN0016520
MICR:2 638002040




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.