State Bank of India IFSC Code SBIN0016688

IFSC Code: SBIN0016688

MICR Code: 364002031

SWIFT Code:

Branch: ISKON MEGA CITY BRANCH

Bank: State Bank of India

Address: SHOP NO 9 10 11,HIMALAYA SQUARE BLDG,NEAR STERLING HOSPITAL,BHAVNAGAR,DISTT.BHAVNAGAR.GUJARAT 364001

District: BHAVNAGAR

State: GUJARAT

Contact: +917600040942

Indian Financial System Code (IFSC): SBIN0016688

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 016688. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 364002031

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.