State Bank of India IFSC Code SBIN0008098

State Bank of India – BANDHAKATA

IFSC Code: SBIN0008098

MICR Code: 754002516

Branch: BANDHAKATA

Bank: State Bank of India

Address: VIA JAMAPADA, T KENDRAPARA, ORISSA 754244

District: KENDRAPARA

State: ODISHA

Contact:

Indian Financial System Code (IFSC): SBIN0008098

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 008098. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 754002516

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.