State Bank of India - R AND DB RACC SHADNAGAR

Details about the IFSC1 SBIN0063424:

Bank: State Bank of India
Bank Branch: R AND DB RACC SHADNAGAR (IN-TG)
Country: India
District/State: SHADNAGAR / TELANGANA
City: SHADNAGAR
Contact: +919848124000
IFSC:1 SBIN0063424
MICR:2 509002033




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.