State Bank of India IFSC Code SBIN0061870

IFSC Code: SBIN0061870

MICR Code: 450002113

SWIFT Code:

Branch: CAC KHANDWA BRANCH

Bank: State Bank of India

Address: SBI KHANDWA MAIN BRANCH,BOMBAY BAZAR,MG ROAD,KHANDWA-450001

District: KHANDWA

State: MADHYA PRADESH

Contact: +919926389106

Indian Financial System Code (IFSC): SBIN0061870

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 061870. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 450002113

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.