State Bank of India - CHANDIGARH-C

Details about the IFSC1 SBIN0050202:

Bank: State Bank of India
Bank Branch: CHANDIGARH-C (IN-CH)
Country: India
District/State: CHANDIGARH / CHANDIGARH
City: CHANDIGARH
Address: SECTOR7C 160019
Contact: 2548929
IFSC:1 SBIN0050202
MICR:2 160002116




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.