State Bank of India IFSC Code SBIN0005931

State Bank of India – MEG & CENTRE,B’LORE

IFSC Code: SBIN0005931

MICR Code: 560002032

Branch: MEG & CENTRE,B’LORE

Bank: State Bank of India

Address: POST BOX NO.4222,SHIVAMCHETTY GARDEN POST,BANGALORE,PIN 560042

District: BANGALORE URBAN

State: KARNATAKA

Contact:

Indian Financial System Code (IFSC): SBIN0005931

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 005931. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560002032

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.