State Bank of India IFSC Code SBIN0071153

IFSC Code: SBIN0071153

MICR Code: 678002903

SWIFT Code:

Branch: SME BRANCH PALAKKAD

Bank: State Bank of India

Address: 2BY75,LAKSHMICOMPLEX,COIMBATOREROADKALMANDAMAPPALAKKAD676001

District: PALAKKAD

State: KERALA

Contact: +914912510784

Indian Financial System Code (IFSC): SBIN0071153

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 071153. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 678002903

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.