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State Bank of India - RACC RATLAM R AND DB

Details about the IFSC1 SBIN0062606:

Bank: State Bank of India
Bank Branch: RACC RATLAM R AND DB (IN-MP)
Country: India
District/State: RATLAM / MADHYA PRADESH
City: RATLAM
Address: MAIN BRANCH RATLAM, DISTT RATLAM M P
IFSC:1 SBIN0062606




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.