State Bank of India IFSC Code SBIN0016294

IFSC Code: SBIN0016294

MICR Code: 500002200

SWIFT Code:

Branch: DOORDARSHAN ROAD BRANCH

Bank: State Bank of India

Address: H.NO 2 2 74,2 2 75, NEAR DOORDARSHAN, OPP MARUTI SHOW ROOM, AMBERPET, HYDERABAD.ANDHRA PRADESH 500013

District: HYDERABAD

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): SBIN0016294

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 016294. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500002200

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.