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State Bank of India - CHANDIGARH INDUSTRIAL AREA

Details about the IFSC1 SBIN0050508:

Bank: State Bank of India
Bank Branch: CHANDIGARH INDUSTRIAL AREA (IN-CH)
Country: India
District/State: CHANDIGARH / CHANDIGARH
City: CHANDIGARH
Address: 117INDUSTRIAL AREA PHASE 11 CHANDIGARH
Contact: 2638134
IFSC:1 SBIN0050508
MICR:2 160002128




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.