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State Bank of India - RACC BEGUSARAI FI AND MM

Details about the IFSC1 SBIN0062808:

Bank: State Bank of India
Bank Branch: RACC BEGUSARAI FI AND MM (IN-BR)
Country: India
District/State: BEGUSARAI / BIHAR
City: BEGUSARAI
Contact: +916122209052
IFSC:1 SBIN0062808
MICR:2 851002116




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.