Latest details of Bank: State Bank Of India
HAPP STATE BANK OF INDIA
HAPP
HAPPMARKETCENTRE,HAPPTOWHSNIP620025HAPPATSBTCOIN
2582828
IFSC: SBIN0070759
VAZHAKUNNAM STATE BANK OF INDIA
VAZHAKUNNAM
CP6372B,SUKHARCOMPLEX,CHERUKOLEPO689650VAZHAKUNNAMATSBTCOIN
2215505
IFSC: SBIN0070763
PARAKKAI STATE BANK OF INDIA
PARAKKAI
CHINNUSCENTRE,123-29,PARAKKAIJUNCTION,123GROUNDFLOOR,PARAKKAI,NAGERCOIL629601PARAKKAI
286386
IFSC: SBIN0070772
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
