State Bank of India IFSC Code SBIN0018549

IFSC Code: SBIN0018549

MICR Code: 500002243

SWIFT Code:

Branch: KAMALA NAGAR, HYDERABAD

Bank: State Bank of India

Address: PLOT NO.1, SRINIVASAPURAM COLONY, HAYATNAGAR MAIN ROAD, HYDERABAD, DIST. RANGAREDDY, ANDHRA PRADESH-501 505

District: HYDERABAD

State: TELANGANA

Contact: +919000878777

Indian Financial System Code (IFSC): SBIN0018549

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 018549. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500002243

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.