State Bank of India IFSC Code SBIN0061898

IFSC Code: SBIN0061898

MICR Code: 486002106

SWIFT Code:

Branch: CAC EAIDHAN

Bank: State Bank of India

Address: WAIDHAN MAIN BRANCH PREMISE,NEAR POLICE STATION,WAIDHAN,DIST SINGRAULI,486886 MADHYA PRADESH

District: WAIDHAN

State: MADHYA PRADESH

Contact:

Indian Financial System Code (IFSC): SBIN0061898

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 061898. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 486002106

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.