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State Bank of India IFSC Code SBIN0020706

HomeIFSC CodesState Bank of IndiaSBIN0020706

IFSC Code: SBIN0020706

MICR Code: 110002654

SWIFT Code:

Branch: SERVICE BRANCH NEW DELHI

Bank: State Bank of India

Address: AO2092DFOORARIKSHBHAVAKGMARGEWDEHI

District: NEW DELHI

State: DELHI

Contact: +911142474653

Indian Financial System Code (IFSC): SBIN0020706

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 020706. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 110002654

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.

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