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State Bank of India - COMMERCIAL NETWORK BRANCH, MUMBAI

Details about the IFSC1 SBIN0031717:

Bank: State Bank of India
Bank Branch: COMMERCIAL NETWORK BRANCH, MUMBAI (IN-MH)
Country: India
District/State: MUMBAI / MAHARASHTRA
City: GREATER BOMBAY
IFSC:1 SBIN0031717
MICR:2 400002405




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.