Indian Financial System Code

Indian Financial System Code of SBI

State Bank Of India IFSC Code:

The facilities let you transfer money from one bank account to another in a matter of hours by just filling in the beneficiary s bank details and the IFSC Code. Since there are a good number of banks with an equally good number of branches in India, they all get a code of their own so there would not be any confusion. That is where the Indian Financial System Code IFSC comes in.

The Reserve Bank of India RBI assign digit alphanumeric code to each bank are unique, that helps to identify a particular bank and branch. The first four characters of the code will always represent the name of the bank, the fifth character is always a zero, and the remaining six characters will either be alphabets or numbers that stand for the branch code.

How to Search for State Bank Of India IFSC Code and MICR Code?

If you want to know the IFSC Code of State Bank Of India and its branch, you can visit the website of the State Bank Of India. Apart from that, the IFSC Code can also be found at the top of the State Bank Of India cheque or printed on the first page of your State Bank Of India passbook.

Indian Financial System Code

Another way to look for the IFSC codes or MICR codes is using India IFSC Finder Tool. Here you can find the IFSC codes for all bank branches registered on the NEFT network at the click of a button. Just choose State Bank Of India, State, City, Branch using the drop down Once you have done so, the IFSC and MICR codes will be displayed on your screen, along with branch information like the address and contact number.

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