State Bank of India IFSC Code SBIN0017823

IFSC Code: SBIN0017823

MICR Code: 826002523

SWIFT Code:

Branch: MALKERA

Bank: State Bank of India

Address: OPPDVC SUBSTATION MAIN ROAD MALKERA DISTTDHANBAD JHARKHAND828304

District: DHANBAD

State: JHARKHAND

Contact: +919934823949

Indian Financial System Code (IFSC): SBIN0017823

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 017823. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 826002523

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.