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State Bank of India - REDDYPET

Details about the IFSC1 SBIN0020509:

Bank: State Bank of India
Bank Branch: REDDYPET (IN-AP)
Country: India
District/State: NIZAMABAD / ANDHRA PRADESH
City: NIZAMABAD
Address: OREDDIETMACHAREDDYMANDALNIZAMABADDIST
Contact: +918468200549
IFSC:1 SBIN0020509
MICR:2 503002603




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.