Latest details of Ifsc: Sbin0001387
STATE BANK OF INDIA
Branch name : GIDC ODHAV
Contact Information
Address: NEAR BHIKSHUK GRUH GIDC ODHAV AHMEDABAD,AHMEDABAD, GUJRAT 382415
Contact number: 22871326
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
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.
