State Bank of India IFSC Code SBIN0016031

IFSC Code: SBIN0016031

MICR Code: 380002209

SWIFT Code:

Branch: NEW RANIP

Bank: State Bank of India

Address: SHOP NO 20 TO 23, ARYA VILLA, ANAND PARTY PLOT ROAD, NEW RANIP, AHMEDABAD, DISTT. AHMEDABAD. GUJARAT382480

District: AHMEDABAD

State: GUJARAT

Contact:

Indian Financial System Code (IFSC): SBIN0016031

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 016031. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 380002209

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.