State Bank of India - FOREIGN DEPARTMENT
Details about the IFSC1 SBIN0040020:
Bank: State Bank of India
District/State: GREATER BOMBAY / MAHARASHTRA
City: MUMBAI
IFSC:1 SBIN0040020
MICR:2 560006602
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.