State Bank of India - RALLA

Details about the IFSC1 SBIN0050457:

Bank: State Bank of India
Bank Branch: RALLA (IN-PB)
Country: India
District/State: HTN / PUNJAB
City: RALLA
Contact: 250062
IFSC:1 SBIN0050457
MICR:2 151002454




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.