State Bank of India IFSC Code SBIN0040918

IFSC Code: SBIN0040918

MICR Code: 560002532

SWIFT Code:

Branch: AVALAHALLI

Bank: State Bank of India

Address: SITE NO 60 SY NO 4 BESCOM ROAD,AVALAHALLI,BIDARALLI,BANGALORE 560049

District: HOSKOTE

State: KARNATAKA

Contact: +918028472322

Indian Financial System Code (IFSC): SBIN0040918

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 040918. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560002532

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.