IFSC Code: SBIN0061101
MICR Code: 452002124
SWIFT Code:
Branch: KANADIA
Bank: State Bank of India
Address: KAVERI COMPLEX, KANADIYA
District: INDORE
State: MADHYA PRADESH
Contact: +917771040666
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State Bank of India IFSC Code SBIN0061101
Indian Financial System Code (IFSC): SBIN0061101
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 061101. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 452002124
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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