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State Bank of India - COLLECTORATE BALAGHAT

Details about the IFSC1 SBIN0062230:

Bank: State Bank of India
Bank Branch: COLLECTORATE BALAGHAT (IN-MP)
Country: India
District/State: SAGAR / MADHYA PRADESH
City: SAGAR
Contact: +918770026919
IFSC:1 SBIN0062230
MICR:2 481002006




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.