State Bank of India - CHANDIGARH SECTOR-C

Details about the IFSC1 SBIN0050949:

Bank: State Bank of India
Bank Branch: CHANDIGARH SECTOR-C (IN-CH)
Country: India
District/State: CHANDIGARH / CHANDIGARH
City: CHANDIGARH
Address: STATE BANK OF INDIA SCO 439 440 SECTOR 35CCHANDIGARH 160022
IFSC:1 SBIN0050949
MICR:2 160002172




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.