State Bank of India - MALAKPET HYDERABAD

Details about the IFSC1 SBIN0020061:

Bank: State Bank of India
Bank Branch: MALAKPET HYDERABAD (IN-AP)
Country: India
District/State: HYDERABAD URBAN / ANDHRA PRADESH
City: HYDERABAD URBAN
Address: SIESAHIFAMSQUEAZAMURAHYDERABAD
Contact: +914024412022
IFSC:1 SBIN0020061
MICR:2 500002332




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.