State Bank of India COMMERCIAL BRANCH, ERNAKULAM

IFSC Code: SBIN0004062

MICR Code: 682002006

SWIFT Code: SBININBB245

Branch: COMMERCIAL BRANCH, ERNAKULAM

Bank: State Bank of India

Address: EXPRESS HOUSE,3RD FLOOR,KALOOR,KOCHI,ERNAKULM,KERALA,PIN 682017

District: ERNAKULAM

State: KERALA

Contact:

Indian Financial System Code (IFSC): SBIN0004062

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 004062. The last six characters denote the specific bank branch.

SWIFT Code (BIC): SBININBB245

A SWIFT code, also known as a Business Identifier Code (BIC), is a standardized format used to identify banks and financial institutions worldwide. It acts as a unique international identifier that specifies both the bank and its location.

These codes are primarily used for transferring money between banks, especially for international wire transfers and SEPA payments. Additionally, SWIFT codes are used for secure communication and message exchange between financial institutions.

SWIFT Code Format: SBININBB245

• Bank Code: Identifies the bank (usually 4 letters)
• Country Code: Represents the country (2 letters – ISO standard)
• Location Code: Indicates the city or location of the bank (2 characters: letters or numbers)
• Branch Code: Specifies the branch (3 characters)

MICR Code (Magnetic Ink Character Recognition): 682002006

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.