State Bank of India IFSC Code SBIN0061428

IFSC Code: SBIN0061428

MICR Code: 523002016

SWIFT Code:

Branch: CAC, MARKAPUR

Bank: State Bank of India

Address: CAC MARKAPUR, SBI,OFF FIRE STATION , TARLUPADU ROAD , MARKAPUR 523316, (A.P.)

District: MARKAPUR

State: ANDHRA PRADESH

Contact: +919182719848

Indian Financial System Code (IFSC): SBIN0061428

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 061428. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 523002016

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.