State Bank of India - IFB

Details about the IFSC1 SBIN0040522:

Bank: State Bank of India
Bank Branch: IFB (IN-KA)
Country: India
District/State: BANGALORE URBAN / KARNATAKA
City: BANGALORE
Contact: +918025596901
IFSC:1 SBIN0040522
MICR:2 560002439




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.