State Bank of India IFSC Code SBIN0015973

IFSC Code: SBIN0015973

MICR Code: 402002389

SWIFT Code:

Branch: BORLI PANCHATAN

Bank: State Bank of India

Address: ANAND POHA MILL, DIVEAGAR PHATA, AT AND PO BORLI PANCHATAN, TAL SHRIWARDHAN, DISTT.RAIGAD. MAHARASHTRA 402403

District: RAIGAD

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): SBIN0015973

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 015973. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 402002389

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.