TheBankCodes.com

State Bank of India - SHIMLA,MALL ROAD

Details about the IFSC1 SBIN0050118:

Bank: State Bank of India
Bank Branch: SHIMLA,MALL ROAD (IN-HP)
Country: India
District/State: HMA / HIMACHAL PRADESH
City: SIMLA
Contact: 2651557
IFSC:1 SBIN0050118
MICR:2 171002045




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.