State Bank of India - POWAI MARKET, POWAI, MUMBAI

Details about the IFSC1 SBIN0018406:

Bank: State Bank of India
Bank Branch: POWAI MARKET, POWAI, MUMBAI (IN-MH)
Country: India
District/State: MUMBAI / MAHARASHTRA
City: MUMBAI
Address: SHOP NO.2,3 5,PHULORA CHS, OPP IIT POWAI GATE, TIRANDAZ VILLAGE, POWAI,MUMBAI. MAHARASHTRA 400076
IFSC:1 SBIN0018406
MICR:2 400002366




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.