State Bank of India IFSC Code SBIN0062970

IFSC Code: SBIN0062970

MICR Code: 721002309

SWIFT Code:

Branch: FIMM RACC MIDNAPORE

Bank: State Bank of India

Address: LIC MORE, RABINDRANAGAR, PO AND PS MIDNAPORE, DIST PASCHIM MIDNAPORE, WEST BENGAL 721101

District: MIDNAPORE

State: WEST BENGAL

Contact: +918001194929

Indian Financial System Code (IFSC): SBIN0062970

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 062970. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 721002309

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.