State Bank of India BUDAUN

State Bank of India – BUDAUN

IFSC Code: SBIN0000623

MICR Code: 243002202

Branch: BUDAUN

Bank: State Bank of India

Address: BUDAUN-243601, U.P.

District: BUDAUN

State: UTTAR PRADESH

Contact:

Indian Financial System Code (IFSC): SBIN0000623

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 000623. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 243002202

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.