State Bank of India KARESARA

State Bank of India – KARESARA

IFSC Code: SBIN0009418

MICR Code: 491002514

Branch: KARESARA

Bank: State Bank of India

Address: DISTDURG CHATTISGARH 491335

District: DURG

State: CHHATTISGARH

Contact:

Indian Financial System Code (IFSC): SBIN0009418

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 009418. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 491002514

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.