Latest details of Ifsc: Sbin0051312

STATE BANK OF INDIA

Branch name : SARAWAN

Contact Information

Address: SARAWANDIST MUKATSARTEHSIL MALOUTPUNJAB 151210

Contact number: 250000

Bank Details

IFSC Code: SBIN0051312

City: MALOUT

District: MUKTSAR

State: PUNJAB

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