State Bank of India IFSC Code SBIN0010165

State Bank of India – PACHPEDI NAKA RAIPUR

IFSC Code: SBIN0010165

MICR Code: 492002022

Branch: PACHPEDI NAKA RAIPUR

Bank: State Bank of India

Address: ROYAL TOWERS, DHAMTARI ROAD, PACHPEDI NAKA, RAIPUR, CHHATTISGARH 492001

District: RAIPUR

State: CHHATTISGARH

Contact:

Indian Financial System Code (IFSC): SBIN0010165

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 010165. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 492002022

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.