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State Bank of India BANGALORE CITY

Home IFSC CodesSBIN0070242

IFSC Code: SBIN0070242

MICR Code: 560002299

SWIFT Code:

Branch: BANGALORE CITY

Bank: State Bank of India

Address: PBNO1808,TIPPUSULTANPALACEROAD,CHAMARAJPETPOBANGALORE560018BANGALOREATSBTCOIN

District: BANGALORE URBAN

State: KARNATAKA

Contact: +918026709370

Indian Financial System Code (IFSC): SBIN0070242

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 070242. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560002299

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.

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