State Bank of India BAZAR GHAT, HYDERABAD

State Bank of India – BAZAR GHAT, HYDERABAD

IFSC Code: SBIN0005893

MICR Code: 500002010

Branch: BAZAR GHAT, HYDERABAD

Bank: State Bank of India

Address: HYDERABAD HYDERABAD, HYDERABAD, AP ,PIN – 500004

District: HYDERABAD URBAN

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): SBIN0005893

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 005893. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500002010

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.