State Bank of India - RACC INDORE FI AND MM

Details about the IFSC1 SBIN0062563:

Bank: State Bank of India
Bank Branch: RACC INDORE FI AND MM (IN-MP)
Country: India
District/State: INDORE / MADHYA PRADESH
City: INDORE
Address: INDORE NAKA BRANCH, DEPALPUR,
Contact: +917552575800
IFSC:1 SBIN0062563
MICR:2 453002006




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.