State Bank of India - MEDCHAL

Details about the IFSC1 SBIN0020524:

Bank: State Bank of India
Bank Branch: MEDCHAL (IN-AP)
Country: India
District/State: RANGA REDDY / ANDHRA PRADESH
City: RANGA REDDY
Address: IDA MEDCHALRRDIST ANDHRA PRADESH
Contact: +918418224837
IFSC:1 SBIN0020524
MICR:2 500002368




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.