State Bank of India - JALANDHAR RAINAK BAZAR

Details about the IFSC1 SBIN0050505:

Bank: State Bank of India
Bank Branch: JALANDHAR RAINAK BAZAR (IN-PB)
Country: India
District/State: JALANDHAR / PUNJAB
City: JALANDHAR
Address: RAINAK BAZAR JALANDHAR
Contact: 2282287
IFSC:1 SBIN0050505
MICR:2 144002060




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.