State Bank of India - MALAUD

Details about the IFSC1 SBIN0050854:

Bank: State Bank of India
Bank Branch: MALAUD (IN-PB)
Country: India
District/State: LUDHIANA / PUNJAB
City: MALAUDH
Address: STATE BANK OF INDIAMALAUDTEH PAYALDIST LUDHIANA
Contact: 2859203
IFSC:1 SBIN0050854
MICR:2 148002155




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.