State Bank of India IFSC Code SBIN0018899

IFSC Code: SBIN0018899

MICR Code: 534002013

SWIFT Code:

Branch: GOLD BAZAR ELURU

Bank: State Bank of India

Address: KUNDI CENTRE, NEAR HEAD POST OFFICE, MAIN BAZAR, ELURU, DIST.WEST GODAWARI, ANDHRA PRADESH-534001

District: WEST GODAWARI

State: ANDHRA PRADESH

Contact: +919705003334

Indian Financial System Code (IFSC): SBIN0018899

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 018899. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 534002013

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.