State Bank of India IFSC Code SBIN0063123

IFSC Code: SBIN0063123

MICR Code: 243002064

SWIFT Code:

Branch: BAREILLY FIMM DSH

Bank: State Bank of India

Address: SBI, 2ND FLOOR, CIVIL LINES BAREILLY UP PIN – 243001

District: BAREILLY

State: UTTAR PRADESH

Contact: +917599234777

Indian Financial System Code (IFSC): SBIN0063123

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 063123. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 243002064

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.