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State Bank of India CENTRALISED CLEARING

Home IFSC CodesSBIN0070578

IFSC Code: SBIN0070578

MICR Code: 695002901

SWIFT Code:

Branch: CENTRALISED CLEARING

Bank: State Bank of India

Address: CHEMPIKALOMBUILDING,NEARGOVTWOMENSCOLLEGE,VAZHUTHACAUD695014SERTVMATSBTCOIN

District: TRIVANDRUM

State: KERALA

Contact: +914712465442

Indian Financial System Code (IFSC): SBIN0070578

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 070578. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 695002901

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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