State Bank of India - VERKA

Details about the IFSC1 SBIN0050220:

Bank: State Bank of India
Bank Branch: VERKA (IN-PB)
Country: India
District/State: VERKA / PUNJAB
City: AMRITSAR
Address: TEHAMRITSAR
Contact: 2263071
IFSC:1 SBIN0050220
MICR:2 143002051




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.