State Bank of India IFSC Code SBIN0001254

State Bank of India – DANAPUR

IFSC Code: SBIN0001254

MICR Code: 800002014

Branch: DANAPUR

Bank: State Bank of India

Address: DISTPATNA BIHAR 801503

District: PATNA

State: BIHAR

Contact:

Indian Financial System Code (IFSC): SBIN0001254

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 001254. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 800002014

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.