TheBankCodes.com

State Bank of India - RACC FI AND MM FAIZABAD

Details about the IFSC1 SBIN0063166:

Bank: State Bank of India
Bank Branch: RACC FI AND MM FAIZABAD (IN-UP)
Country: India
District/State: FAIZABAD / UTTAR PRADESH
City: FAIZABAD
IFSC:1 SBIN0063166
MICR:2 224002061




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.