State Bank of India IFSC Code SBIN0016603

IFSC Code: SBIN0016603

MICR Code: 400002327

SWIFT Code:

Branch: JANKALYAN NAGAR

Bank: State Bank of India

Address: SHOP NO. 26 37, NEW BHOOMI PARK II, JANKALYAN NAGAR, OFF.MARVE ROAD, MALAD WEST, DISTT. MUMBAI. MAHARASHTRA 400095

District: MUMBAI

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): SBIN0016603

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 016603. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400002327

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.