State Bank of India IFSC Code SBIN0071057

IFSC Code: SBIN0071057

MICR Code: 641002314

SWIFT Code:

Branch: MADAPPUR

Bank: State Bank of India

Address: NEWNO1382,THOTTIPALAYAM,KVMADAPPURPO,SOMANUR,COIMBATOREDIST641668MADAPURATSBTCOIN

District: COIMBATORE

State: TAMIL NADU

Contact: +914212332025

Indian Financial System Code (IFSC): SBIN0071057

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 071057. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 641002314

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.