State Bank of India IFSC Code SBIN0018686

IFSC Code: SBIN0018686

MICR Code: 494002543

SWIFT Code:

Branch: NELASNAR

Bank: State Bank of India

Address: NEW BU STAND, MAIN ROAD, BELASNAR, DISTT.BIJAPUR. CHHATISGARH-494441

District: DANTEWADA

State: CHHATTISGARH

Contact: +919893392520

Indian Financial System Code (IFSC): SBIN0018686

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 018686. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 494002543

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.