State Bank of India - ALER

Details about the IFSC1 SBIN0020177:

Bank: State Bank of India
Bank Branch: ALER (IN-AP)
Country: India
District/State: NALGONDA / ANDHRA PRADESH
City: NALGONDA
Address: GD DSR
Contact: +918685281627
IFSC:1 SBIN0020177
MICR:2 508002706




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.