State Bank of India - RACC KANDUKUR

Details about the IFSC1 SBIN0062671:

Bank: State Bank of India
Bank Branch: RACC KANDUKUR (IN-AP)
Country: India
District/State: ONGOLE / ANDHRA PRADESH
City: ONGOLE
Address: NA129130 ONGOLE, ANDHRA PRADESH
IFSC:1 SBIN0062671
MICR:2 523002020




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.