State Bank of India - SIL PALONCHA
Details about the IFSC1 SBIN0020938:
Bank: State Bank of India
District/State: KHAMMAM / ANDHRA PRADESH
City: KHAMMAM
Address: OHGDM
Contact: +918744257303
IFSC:1 SBIN0020938
MICR:2 507002546
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.