State Bank of India - SECTOR C CHANDIGARH
Details about the IFSC1 SBIN0051418:
Bank: State Bank of India
District/State: CHANDIGARH / CHANDIGARH
City: CHANDIGARH
Contact: +919915966233
IFSC:1 SBIN0051418
MICR:2 160002197
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.