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State Bank of India - MADANAPURAM

Details about the IFSC1 SBIN0020201:

Bank: State Bank of India
Bank Branch: MADANAPURAM (IN-AP)
Country: India
District/State: MEHBOOBNAGAR / ANDHRA PRADESH
City: MEHBOOBNAGAR
Contact: +918545224134
IFSC:1 SBIN0020201
MICR:2 509004664




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.