State Bank of India IFSC Code SBIN0018021

IFSC Code: SBIN0018021

MICR Code: 431002027

SWIFT Code:

Branch: KANCHANWADI AURANGABAD

Bank: State Bank of India

Address: SAI DEEP PLOT NO 58 GUT NO.11 PAITHAN ROAD KANCHANWADIDISTT.AURANGABAD. MAHARASHTRA431005

District: AURANGABAD

State: MAHARASHTRA

Contact: +917507777101

Indian Financial System Code (IFSC): SBIN0018021

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 018021. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 431002027

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.