State Bank of India IFSC Code SBIN0014508

IFSC Code: SBIN0014508

MICR Code: 530002642

SWIFT Code:

Branch: DEVARAPALLE

Bank: State Bank of India

Address: D. NO.3 145A, KOLURIVARI STREET, DEVARAPALLE, VISAKHAPTANAM DISTRICT, ANDHRA PRADESH531030

District: VISAKHAPATNAM

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): SBIN0014508

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 014508. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 530002642

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.