Latest details of Ifsc: Sbin0011312

STATE BANK OF INDIA

Branch name : BAR

Contact Information

Address: NEAR BUS STAND PALI DISTRAJASTHAN DIST 307027

Contact number: 284158

Bank Details

IFSC Code: SBIN0011312

City: BAR

District: NEW DELHI

State: RAJASTHAN

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.

IFSC and MICR code sample on bank cheque