State Bank of India - SHASTRI BHAVAN,NEW DELHI
Details about the IFSC1 SBIN0050203:
Bank: State Bank of India
District/State: E EH / DELHI
City: DELHI
Contact: 23073726
IFSC:1 SBIN0050203
MICR:2 110002742
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.