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State Bank of India - R AND DB RACC RAIT

Details about the IFSC1 SBIN0063503:

Bank: State Bank of India
Bank Branch: R AND DB RACC RAIT (IN-HP)
Country: India
District/State: RAIT / HIMACHAL PRADESH
City: RAIT
Contact: +919805502805
IFSC:1 SBIN0063503




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.