State Bank of India IFSC Code SBIN0016435

IFSC Code: SBIN0016435

MICR Code: 411002101

SWIFT Code:

Branch: DANGE CHOWK BR. PUNE

Bank: State Bank of India

Address: MAYURI PLAZA, SHOP NO.1 TO 6, GAMESH MAGAR ROAD, NEAR BHOIR HOSPITAL, DANGE CHOWK, THERGAON, TAL.HAVELI, DISTT. PUNE, MAHARASHTRA 411033 MOB 9004000985

District: PUNE

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): SBIN0016435

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 016435. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 411002101

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.