State Bank of India - PAYMENT AND SETTLEMENT MUMBAI

Details about the IFSC1 SBIN0070697:

Bank: State Bank of India
Bank Branch: PAYMENT AND SETTLEMENT MUMBAI (IN-MH)
Country: India
District/State: NEW MUMBAI / MAHARASHTRA
City: NEW MUMBAI
Address: BALAJIBHAVAN,SECTOR11,C-WING,IIIFLOOR,BELAPURCBD,THANEMAHARASHTRA,400614
Contact: +912227564753
IFSC:1 SBIN0070697
MICR:2 400009697




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.