Latest details of Ifsc: Sbin0018542

Contact Information

Address: KACHERI BAZAR, NEAR LUCKY MEDICALS, GOPALNAGAR, CHAKDAH-BONGAON ROAD, DIST.24-PARGANAS NORTH, WEST BENGAL-743262

Contact number: 9674716665

Bank Details

IFSC Code: SBIN0018542

City: SONAKHALI

District: SOUTH 24 PARGANAS

State: WEST BENGAL

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