State Bank of India IFSC Code SBIN0021501

IFSC Code: SBIN0021501

MICR Code: 520002689

SWIFT Code:

Branch: CHALLAPALLI

Bank: State Bank of India

Address: DNO 10 148 POTTI SRIRAMULU STREETCHALLAPALLIKRISHNA DISTRICT ANDHRA PRADESH

District: KRISHNA

State: ANDHRA PRADESH

Contact: +918671222200

Indian Financial System Code (IFSC): SBIN0021501

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 021501. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 520002689

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.