State Bank of India IFSC Code SBIN0031734

IFSC Code: SBIN0031734

MICR Code: 400002406

SWIFT Code:

Branch: BHANDUP EAST, MUMBAI

Bank: State Bank of India

Address: BHANDUP,MUMBAI 400078

District: RARBOMBAY

State: MAHARASHTRA

Contact: +912225615938

Indian Financial System Code (IFSC): SBIN0031734

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 031734. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400002406

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.