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State Bank of India - NEW SIYAGANJ, INDORE

Details about the IFSC1 SBIN0018524:

Bank: State Bank of India
Bank Branch: NEW SIYAGANJ, INDORE (IN-MP)
Country: India
District/State: INDORE / MADHYA PRADESH
City: INDORE
Contact: +919893001040
IFSC:1 SBIN0018524
MICR:2 452002101




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.