State Bank of India - NEW DELHI BALI NAGAR
Details about the IFSC1 SBIN0050003:
Bank: State Bank of India
District/State: E EH / DELHI
City: DELHI
Address: BALI NAGARNEW DELHI 110015
Contact: 5433589
IFSC:1 SBIN0050003
MICR:2 110002723
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.