State Bank of India - VALSAD

Details about the IFSC1 SBIN0050861:

Bank: State Bank of India
Bank Branch: VALSAD (IN-GJ)
Country: India
District/State: VALSAD / GUJARAT
City: BULSAR
Address: DHARAMPUR ROADABRAMA VALSAD 396001
Contact: 227242
IFSC:1 SBIN0050861
MICR:2 396002005




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.