State Bank of India IFSC Code SBIN0001313

State Bank of India – HUNGUND

IFSC Code: SBIN0001313

MICR Code: 587002118

Branch: HUNGUND

Bank: State Bank of India

Address: KADAPATTI BEEDI NEAR BUS STAND BAGALKOT RDDISTT BAGALKOT KARNATAKA 587118

District: BAGALKOT

State: KARNATAKA

Contact:

Indian Financial System Code (IFSC): SBIN0001313

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 001313. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 587002118

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.