State Bank of India - SWADDI

Details about the IFSC1 SBIN0050161:

Bank: State Bank of India
Bank Branch: SWADDI (IN-PB)
Country: India
District/State: LUDHIANA / PUNJAB
City: SAWADDI KHAS
Address: VILLAGE POST OFFICE SWADDI
Contact: 245238
IFSC:1 SBIN0050161
MICR:2 142002056




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.