State Bank of India IFSC Code SBIN0070406

IFSC Code: SBIN0070406

MICR Code: 695002952

SWIFT Code:

Branch: PALLIPURAM

Bank: State Bank of India

Address: PBNO1,ALUMOODU,KANIYAPURAM695301PALLIPURAMATSBTCOIN

District: TRIVANDRUM

State: KERALA

Contact: +914712750314

Indian Financial System Code (IFSC): SBIN0070406

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 070406. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 695002952

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.