State Bank of India - MELKOTE

Details about the IFSC1 SBIN0040042:

Bank: State Bank of India
Bank Branch: MELKOTE (IN-KA)
Country: India
District/State: MANDYA / KARNATAKA
City: MELKOTE
Contact: +918236299945
IFSC:1 SBIN0040042
MICR:2 571002517




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.