State Bank of India IFSC Code SBIN0001236

State Bank of India – PURNEA BAZAR

IFSC Code: SBIN0001236

MICR Code: 854002103

Branch: PURNEA BAZAR

Bank: State Bank of India

Address: BHATTA BAZAR ,P.O.PURNEA BAZAR,PURNEA,BIHAR,PIN 854301

District: PURNEA

State: BIHAR

Contact:

Indian Financial System Code (IFSC): SBIN0001236

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 001236. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 854002103

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.