Latest details of Ifsc: Sbin0014324

STATE BANK OF INDIA

Branch name : KALER

Contact Information

Address: NH 98, AURANGABAD PATNA ROAD, DISTT ARWAL BIHAR 824127

Contact number:

Bank Details

IFSC Code: SBIN0014324

City: KALER

District: ARWAL

State: BIHAR

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