State Bank of India IFSC Code SBIN0040957

IFSC Code: SBIN0040957

MICR Code: 524002024

SWIFT Code:

Branch: VEDAYAPALEM NELLORE

Bank: State Bank of India

Address: K V K TOWERS NO 15 292 A BRINDAVAN BANK STREET NELLORE 524001

District: NELLORE

State: ANDHRA PRADESH

Contact: +918612350619

Indian Financial System Code (IFSC): SBIN0040957

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 040957. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 524002024

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.