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State Bank of India - SAGAR NAGAR

Details about the IFSC1 SBIN0020862:

Bank: State Bank of India
Bank Branch: SAGAR NAGAR (IN-AP)
Country: India
District/State: VISHAKAPATNAM / ANDHRA PRADESH
City: VISHAKAPATNAM
Address: UACOMMUNITYCENTRESAGARNAGARISAKHAPATNAM
Contact: +918912798369
IFSC:1 SBIN0020862
MICR:2 530002324




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.