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State Bank of India - SME BRANCH, VILLUPURAM

Details about the IFSC1 SBIN0016562:

Bank: State Bank of India
Bank Branch: SME BRANCH, VILLUPURAM (IN-TN)
Country: India
District/State: VILLUPURAM / TAMIL NADU
City: VILLUPURAM
IFSC:1 SBIN0016562
MICR:2 605002112




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.