State Bank of India - RACC R AND DB BEED

Details about the IFSC1 SBIN0062927:

Bank: State Bank of India
Bank Branch: RACC R AND DB BEED (IN-MH)
Country: India
District/State: BEED / MAHARASHTRA
City: BEED
Address: NOT FINALIZED
Contact: +919423790937
IFSC:1 SBIN0062927
MICR:2 431002315




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.