State Bank of India IFSC Code SBIN0040357

IFSC Code: SBIN0040357

MICR Code: 581002407

SWIFT Code:

Branch: SABAGERI EXTN

Bank: State Bank of India

Address: SABAGERI EXTN,YELLAPUR,UTTAR KANNADA,KARNATAKA,YELLAPUR 581350

District: YELLAPUR

State: KARNATAKA

Contact: +918419261549

Indian Financial System Code (IFSC): SBIN0040357

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 040357. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 581002407

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.