State Bank of India - NEW DELHI MODEL BASTI
Details about the IFSC1 SBIN0050004:
Bank: State Bank of India
District/State: E EH / DELHI
City: DELHI
Contact: 5402851
IFSC:1 SBIN0050004
MICR:2 110002732
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.