State Bank of India IFSC Code SBIN0016049

IFSC Code: SBIN0016049

MICR Code: 364002030

SWIFT Code:

Branch: BHARAT NAGAR, BHAVNAGAR

Bank: State Bank of India

Address: VAASTRUSHRI PLOT NO.1112, BHAGYAGODAY SOCIETY, RING ROAD, BHARAT NAGAR,DISTT. BHAVNAGAR. GUJARAT 364001

District: BHAVNAGAR

State: GUJARAT

Contact:

Indian Financial System Code (IFSC): SBIN0016049

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 016049. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 364002030

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.