State Bank of India - RAJAMPET

Details about the IFSC1 SBIN0020503:

Bank: State Bank of India
Bank Branch: RAJAMPET (IN-AP)
Country: India
District/State: NIZAMABAD / ANDHRA PRADESH
City: NIZAMABAD
Address: AAAST
Contact: +918468200655
IFSC:1 SBIN0020503
MICR:2 503002642




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.