IFSC Code: SBIN0031589
MICR Code: 306002030
SWIFT Code:
Branch: COLLECTORATE, PALI
Bank: State Bank of India
Address: COLLECTORATE, PALI 306401
District: PALI
State: RAJASTHAN
Contact: +912932220580
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State Bank of India COLLECTORATE, PALI
Indian Financial System Code (IFSC): SBIN0031589
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 031589. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 306002030
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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